Planning avoids unnecessary expenses

[Sir Legend]

In our lives it will be difficult to avoid unnecessary expenses, this is because there are many unexpected things in life and can easily happen, if we do not have alternative income, of course we will be dizzy, so the best thing to be able to avoid unnecessary expenses is to always write income plans and Expenditures, if we do not have an income plan and expenditure then our lives will be easily tempted to do everything we like.

[slapper]

By looking at the poor and experiencing the lives of the poor, unnecessary costs can be reduced. The wealthier the person is, the higher the level of unnecessary consumption, and the person who earns little and has trouble supporting his family with the money he earns, that person never wastes money. So it must be accepted that money saves some and kills some. A person who spends more unnecessarily is also more likely to commit bad deeds. Therefore, it is necessary to keep track of unnecessary expenses as much as possible, then life can be run well

I would say that there are all kinds of people, and it is not just a single economical level. Think about it this way, there are poor people who live frugal and get richer, and there are poor people who stay poor and waste their money, there are rich people who live frugal and earn more by investing, there are rich people who waste and even become poor again.

All in all just because you are poor doesn't mean you will stay poor, and just because you are rich doesn't mean you will get richer. It's all about the characteristics of a person, this is why we see poor people have rich children or rich people have poor children, it depends on the persons character and not the financial situation.

I disagree with you, friend. Personal traits matter, but we can't overlook the structures that perpetuate poverty and wealth inequities. It's unfair, and it's hard for poor people to succeed. The rich? They have resources, opportunities, and connections that others envy. They have great schools, physicians, homes, and political and economic power.

Stop disregarding these issues and work toward a fair society. Blaming individuals for poverty and injustice won't work. Instead, we must address poverty and inequality's causes. We must advocate for equal opportunities. Watch the strong and defend the vulnerable.

[leonair]

Actually a person's lifestyle will change when their income increases. Who initially spent $ 100 per month, could have increased to $ 500 per month if you have a lot. It cannot be denied because it is human instinct, to want to buy whatever you want even though it is only a secondary need. It's a different story if you only get "surprise" money from bitcoin results or short-term investment trading, if you live a luxurious lifestyle then the possibility of returning to zero is very large as told by the OP. But if the business is already running, have a steady job with high salaries, usually people don't really consider the little things.

Those who have more income have more expenses. And the higher the income, the higher the level of consumption and the higher the demand.  Therefore, the amount of unnecessary expenditure of rich people is always high. However, no matter how much money a person has, if he cannot reduce or avoid his necessary expenses, he will not be rich for long. So of course unnecessary spending is a big financial loss for a person

In our lives it will be difficult to avoid unnecessary expenses, this is because there are many unexpected things in life and can easily happen, if we do not have alternative income, of course we will be dizzy, so the best thing to be able to avoid unnecessary expenses is to always write income plans and Expenditures, if we do not have an income plan and expenditure then our lives will be easily tempted to do everything we like.

Unnecessary spending has become a bad habit of ours.  And with the advent of new things in this modern world, our hobbies, needs, etc. have also increased so it is very difficult for us to avoid unnecessary expenses. But of course we should try our best to reduce unnecessary expenses. Otherwise we cannot improve financially.

[rojan]

In our lives it will be difficult to avoid unnecessary expenses, this is because there are many unexpected things in life and can easily happen, if we do not have alternative income, of course we will be dizzy, so the best thing to be able to avoid unnecessary expenses is to always write income plans and Expenditures, if we do not have an income plan and expenditure then our lives will be easily tempted to do everything we like.

We always have to think about one thing. We have to spend a little less than our income. And save a little money. Because if we spend all our income at once, then if we have any danger in future. The money we saved at that time. With that money.  In times of danger we can be saved. But if we spend the whole money, we will be in more danger next time we are in danger. So I think we should save some money.

[Kadal Ijo]

I've tried to avoid unnecessary expenses, unfortunately it's very difficult and stressful, it's better to think about making extra money than traditional thinking of reducing expenses, and surely as long as we are optimistic we can make ends meet in life.

[Davian144]

In our lives it will be difficult to avoid unnecessary expenses, this is because there are many unexpected things in life and can easily happen, if we do not have alternative income, of course we will be dizzy, so the best thing to be able to avoid unnecessary expenses is to always write income plans and Expenditures, if we do not have an income plan and expenditure then our lives will be easily tempted to do everything we like.

For everyone who already has a steady job with sufficient income, of course they have to write an income and expenditure plan and it is enough to write it once to be used for many years as long as he is still working and making the same amount of money. This means that there is no need to always write the plan every month unless they have changes in terms of income or spending money.

And one more thing is to avoid spending unnecessary money as much as possible because living frugally is always better and will not interfere with one's prestige in one's own environment because a wasteful life in the absence of controlling spending money will always trigger destruction in everyone's life. So live frugally and avoid unnecessary expenses.

[SOKO-DEKE]

There is a proverb that goes: "Who fails to plan, plans to fail." So, if we actually want to live great lives, we must plan for ourselves.

When we have money and we don't have plans definitely we are going to spend it on unnecessary things that may not even have value to us. I personally experience this when i first received $2k.would you believe me that I spend it between one month on some unnecessary things, despite be a university student I don't even buy much things I need in school at that period.so we need to plan ourself base on ourself source of income, so that we may not be lack when we come across any challenges in future.

[Wiwo]

There is a proverb that goes: "Who fails to plan, plans to fail." So, if we actually want to live great lives, we must plan for ourselves.

When we have money and we don't have plans definitely we are going to spend it on unnecessary things that may not even have value to us. I personally experience this when i first received $2k.would you believe me that I spend it between one month on some unnecessary things, despite be a university student I don't even buy much things I need in school at that period.so we need to plan ourself base on our source of income, so that we may not be lack when we come across any challenges in future.

Everyone have their own story of reckless spending, and I think this issue of excess spending comes with time because one spends more when he/she doesn't have a well-built financial knowledge and management, and that knowledge comes with time and during that time of acquiring the knowledge you may make some spending mistakes but the ability to quickly learn from them and building a spending plans makes things easier for us.

-Almost everyone of us have made similar mistakes in the past spending the money we don't have on things we don't need, the realization of the fact that you don't need those things you spend money on can be frustrating but a lesson learned and we move on.

[Gallar]

to avoid unnecessary buying habits in my opinion relatively easy. because if I think about buying what we don't need it is actually rarely done (by me personally), especially by people with middle to lower economic conditions.

- and to avoid habits like that, my advice is that it's better to keep in touch with people who are more frugal, so that you get carried away with those good habits.
- think twice every time I buy something,( do I need this )
- Don't be someone who gets carried away easily, for example when a friend or relative buys a luxury item, and you also want to buy that item, even though you really don't need that item at all.

The point is to be aware of your own financial situation, not to follow other people's lifestyles, especially the rich. it's better to make motivation first so that you can be more enthusiastic about working.

[bangjoe]

Today I can boastfully said this not to impress you or give you a plan but is good to plan your life, know what you want per time, avoid impulse buying, avoid competition, avoid extravagant lifestyle, have a routine, draw your scale of preference, learn forgone alternative principles. Life on earth is short if you can't get it right, and life is hell if you're not living it right.

I agree with this because indeed we have to manage what makes us better in life, one of which is financial management, consciously or not realizing that if we don't have a plan that meets our needs, it will always be easy for us to spend our money on shopping, and the most difficult is being in a position this is our life will always be stagnant and maybe there will be no significant progress and only revolves around style and work for life.
Unnecessary buying is stupidity that is inevitable, therefore the importance of proper planning in doing it, I realize that we also have the freedom of the money we have to spend as we wish, and sometimes I also do that for stress medicine or whatever what makes the heart happy, the most important thing is that we are able to limit how much money we spend on unnecessary things.

I've tried to avoid unnecessary expenses, unfortunately it's very difficult and stressful, it's better to think about making extra money than traditional thinking of reducing expenses, and surely as long as we are optimistic we can make ends meet in life.

Yes, that's a good step that maybe you can take and fulfill what you dream of. I think people who have financial planning are those who think long and hard about their lives, being aware of unnecessary expenses is the key to being able to live longer.
I think if you do like that continuously you will experience chaotic stabilization in finances if your income does not meet your wishes and at the same time you will experience difficulties if an accident occurs, of course someone who plans expenses or manages finances so that this never happens .

[irhact]

In our lives it will be difficult to avoid unnecessary expenses, this is because there are many unexpected things in life and can easily happen, if we do not have alternative income, of course we will be dizzy, so the best thing to be able to avoid unnecessary expenses is to always write income plans and Expenditures, if we do not have an income plan and expenditure then our lives will be easily tempted to do everything we like.

You can avoid unnecessary expenses if you have money planned for those expenses kept in store, that means those expenses can't come as a surprise anymore since you were prepared for them. We are humans and can't get everything figured out but we can always be prepared for it. When you have money for raining days then those days won't be a trouble.

The problem with humanity is that they spend without thinking about tomorrow just because there's this thought of living your life to the fullness since your tomorrow isn't guaranteed but they forget that anymore who fails to plan for tomorrow has planned to fail when tomorrow comes.

[Outhue]

Keep some money aside in the bank for emergency purposes, sometimes the only thing holding you back is spending money that you aren't prepared for, so it's best to keep some money aside for such occasions.

There is no relation between this and people who like to spend lavishly, for example, someone who likes to go to clubs to drink alcohol and waste money on friend gatherings, which is their problem and the reason they will never be able to grow up.

OP you really can't avoid unnecessary expenses, because they don't come when you expect them, that's why an emergency fund is very important especially when you have a family.

[tjtonmoy]

Everything has its own rules and routine to follow. The nature teach us that. So we are not above that. We need to create our own rules and routine and have to follow it strictly. And anything that is too much can cause problems. So having a plan to lead your life is a good decision and it does help to avoid unnecessary things. I agree with you on this mate.
I have been living alone for a while now, and I can relate to this. I used to spend more than I needed, and it has led to me on some difficult situations in the past. Now I only spend what is needed. But I lack a bit in the routine to maintain. Working on it currently.

[Mame89]

I think we all have our own way of unnecessary financial planning. If expenses exceed the budget and planning that has been made, you should find a solution to rebalance our finances. One way to do this is to cut back on non-essential or unnecessary expenses and look for ways to supplement your income. However, in unforeseen situations such as emergencies or urgent needs, it is sometimes necessary to access money that exceeds budget and planning. In this case, you should carefully consider how important and urgent these needs are, and how to arrange future expenses to rebalance our finances.

It is very important to pay attention to our finances and not depend too much on the budget or plans that have been made. Unforeseen circumstances can occur at any time, and can impact our finances. it is important to have sufficient financial reserves, and to consider the financial situation periodically and make adjustments if necessary.

[Kadal Ijo]

Planning avoids unnecessary expenses is not easy, this is because there are many temptations to spend money such as food, gadgets, to unforeseen needs such as illness or the vehicle we usually use is lost so we have to buy it again.

[odunybiz]

Failure to plan make one a failure already. Every success made in life is from a well defined plan. For example, going to store without an adequate plans make you end up in buying unnecessary things leading to a waste of money.

[milewilda]

Failure to plan make one a failure already. Every success made in life is from a well defined plan. For example, going to store without an adequate plans make you end up in buying unnecessary things leading to a waste of money.

But there are things or moments in life which it doesnt really go well according into your plan which means that you should really be having that back up plan as well which it would really be just right on having this one.
Planning on your finances which do includes expenses is really that wise and something should be in default.Live according to your means and not to your wants, there might be things that might fancy us to buy it out
but dont tolerate that kind of emotion because it would really be coming to a point that it would really be making a huge mess if you dont be able to control it out.
This is why you should really be that sensible towards your actions.

[abralzain17]

Is good to plan, don't live your life on a plata of Gold. The first time I had bulk money was during my higher institution days, as a student we know and hear too many things but only few chose to do something, opportunity of MMM, crypto currency and Achievers forum sorry mentioning them here came to me in school and I grasps it and as God may have it, I make a lot of money but the first thing that came to my mind was to buy car, I bought two cars, place one as a taxi and one private use as school big boy but non of this happen to play out well.

The Taxi cab had an accident and piece in bits and I sold it out auction price, same thing happen to the one I was using in school and it was a tragedy scenes, it was sold as Scrabs. I used the remaining money to live extravagant lifestyles, going out with friends, carrying girls to where we can't ordinarily afford bills, buying wears we don't need, gadgets and accessories we don't match our income or status but all this turn out against me. I lost almost everything, for two years after my school I could afford a dime, no job, no source income, I have nothing in my bitcoin wallets, life balls back to zero level.

Today I can boastfully said this not to impress you or give you a plan but is good to plan your life, know what you want per time, avoid impulse buying, avoid competition, avoid extravagant lifestyle, have a routine, draw your scale of preference, learn forgone alternative principles. Life on earth is short if you can't get it right, and life is hell if you're not living it right.

having a lot of money today will make you have a lot of friends and everyone will follow you with what you say and do. but when you no longer have a lot of money then maybe they will stay away from you. this is the law of life that happens.
therefore in my opinion, manage well the money you have and use your finances wisely. Following that lifestyle only costs money, spend what you need, don't follow too big a desire.

[blockman]

Failure to plan make one a failure already. Every success made in life is from a well defined plan.

Some successes have been made by surprise but the whole process isn't a surprise & I agree that it's all in accordance with a plan.

this is because there are many temptations to spend money such as food, gadgets, to unforeseen needs such as illness or the vehicle we usually use is lost so we have to buy it again.

Food is a necessity but if you eat out and you've got no budget for it. Then, it's better to just eat the traditional way and just cook at home. Eating out can be planned but it cost some money depending on how much budget you've got from eating but usually, it's becoming more.

[wahyuagung26]

In our lives it will be difficult to avoid unnecessary expenses,

This is not uncommon in one's life, sometimes these unnecessary expenses are also caused by ambitions that are too high and of course have a bad impact on us, just as these expenses also come from unexpected needs and this often happens to every individual, of course.

so the best thing to be able to avoid unnecessary expenses is to always write income plans and Expenditures, if we do not have an income plan and expenditure then our lives will be easily tempted to do everything we like.

One of the first steps in anticipating this bad habit is indeed very precise in detailing expenses and income, because of this, of course, minimal management of expenses will occur, and maybe we can say a little that it is better for us to use this income into investment and at least we think this will provide opportunity for everyone not to be continuously involved in unnecessary expenses.