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Anonymous

11 Nov 2020

Retirement

What are some things I can do in one month that will change my financial life forever?

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Jiayee

11 Nov 2020

Salaryman at some company

You can plan your personal finances and follow the plan.

Always remember this

Increase your income
Decrease your expenses
Increase your investment propertion to income.
Increase your investment returns

Once all that's done you'll have a best plan for you to make your money work harder than you do.

Such that even while you're sleeping, they are busy fighting hard for you.

Hi there!

I shall focus on what are the things you can consider doing that will help you!

  1. Gain knowledge. Read for a start (proper channels that give objective views or facts). Your financial life depends very much on how financially literate you are. Also, speaking with more people will also help you broaden your horizon and you’ll learn to think in different perspectives! Always approach things with objectivity.

  2. Focus on the process rather than the result at the beginning. After gaining knowledge, you’ll have to find out what works or what doesn’t work for you as a person. Develop your own thought process, work on a system to help you and refine the system over time to make improvements to your financial life. Remember there’s no right or wrong, and focus on what is suitable for your scenario via weighing pros and cons.

  3. Start with the basics. Track your spending, have a budget for financial goals, and be disciplined.

Hope you find this answer useful!

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the things you should never consider doing because you can do these easily do any of them in one...

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