Desember 13th, 2011 by admin

As teenagers, we must also be able to manage our finances effectively. If not, then maybe the waste.

Habits of us is hard to control myself to keep spending despite the fact that our income barely adequate. So if we really care about our financial condition … must we be surprised when we find out that the expenditure was far greater than income. No matter what amount of your income … if you can not with good financial governance and discipline … then you will fail. Further consider the following article:

The first rule if you want to succeed financially is to spend less money than earned income. If you can not do that, you will never succeed in finance. No matter how hard you are, no matter how much time you spend working, no matter how many opportunities you receive, or how much money he could earn you … .. you will fail in mengeola your finances!

This is a simple rule, and most people accept as rules that make sense. But in reality many people have no savings and lots of debt, meaning the rules are not adhered to this nonsense.

Here are 10 reasons that make a person’s excessive spending, and this might also happen to me and you.

1. Keeping the status in the eyes of others

Psychological factors play a big role in our spending habits. We want to feel successful or more successful than the people around us. We spend a lot of money to keep that image in their eyes. Yet in reality these people also can not buy as purchased by us in an all-out.

2. Avoiding reality

It is easy to spend money unnecessarily if we forget our bill accounts. Most people are unaware of the real situation of their finances because they are afraid to observe the chaos that actually happened. And it becomes easier for a while to avoid it. They will pay a minimum payment of credit card and then add more usage or open a new loan and then ignore the overall amount of debt that continues to grow.

3. Counting the money will definitely not be accepted

Many of us spend reserve money or borrow some money and hope to get another in exchange. For example there are rumors about the year-end bonus that has not been the truth, or THR with a certain amount. We are often too optimistic about the money that will come next. The money was spent before received, and finally – and this often happens – there are not as much has been spent.

4. Money is not the same plastic taste with real money

In general, we will be spending excessive time using a credit card than with cash. When we use a credit card and then handed the card back by the cashier to us after use, not the same as it was when we spend some cash and find the money in our wallets has been reduced. Credit cards remain intact unless the credit limit is met, while cash can be vanished.

5. Immediate gratification

All this is about the fundamental nature of us. We have been bombarded by the mentality which wanted to settle immediately. Such as “Painkillers quickly”, “fast food”, or any advertising message “buy now, pay later”. If we still behave like that mentally, we will continue to be used by manufacturers because we always want what we want right now, without going to know how we’ll pay for it.

6. Increased lifestyle

Many people experience an increase in the cost of living as their income increases. But nothing ever happens the same thing when a decline in revenue. If we are accustomed to a certain lifestyle, then it is very difficult to bring it down, even if our financial situation deteriorated.

7. Weak like children

Perhaps there is still a childish nature we can never hold money in a long time because it can not stand the temptation and always eager to spend it, or the lack of financial understanding to be a reason we spend money excessively.

8. Feelings of power

Spending money often makes people feel strong and powerful. The more they shop, the more strong and powerful taste, and the only way to return a sense of power mendapatan is to spend more money again.

9. Proving self-esteem

Someone who buys a new car dream of many people, for example, will find it has proved that he was already a successful person. Because for some people what he had bought a measure of appreciation of others towards them.

10. Can not say no

Some people feel like a failure when they can not meet the wishes of others. For example, expensive new toys that her children are very desirable, new home appliances which are very desirable wife, or an outing out with old friends. Some people find it difficult to say no, even when they can not meet even once.