Its not end of the world if you are driving somebody else car. (the bank’s car)
You pay 2 rent a car & after you hv fully paid d loan, then you can call it yours!
Life is not bad after all if you know how 2 allocate certain amount of your income for certain commitment in your life for example -car loan.
Most people will be paying their loans & monthly bills as soon as they got their paycheck.
What should be done is that one must, I said "must" pay themselves first, before doing any payment 2 other people, i.e (banks, grocery stores, newspaper man, petrol station, phone bills, etc)
As soon as you got your paycheck/salary/income, save 10-15% of your salary/income & don’t ever touch that money.
And then you pay your bills, fixed expenses and the rest you may spend, etc.
Usually, when I got my income, I will make payments to all my bills, monthly expenses
and so on, and see what is left for my saving. You know what? finally, I found out there is
nothing much or perhaps nothing for my saving! now, I know where I stand.
That's why I don't know where all my money goes at the end of the month!
Hey, that's some tips about money managements!
Thats my opinion and I read it somewhere to do it the correct way!
First is to Save and then you can Spend.
and I did!
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