When we were children, we thought money is something extremely easy to create – since we would always receive them, either from our parents or relatives. As time went by, things changed – we started receiving a small sum of money while we were in college and, as we entered faculty, we started working and making money on our own. Up until now we realize that money are hard to be earned, yet they are easily spent – with no shortcuts whatsoever. Still, what would be a better strategy – to have a second job or to restrict yourself from spending money? This is the question that struggles our minds and heads. These being said, in case you are looking forward to knowing more concerning the subject, make sure to stick with us and keep an eye onto the following lines in order to see whether or not a dollar saved is better than a dollar earned!
- Time is Money
Each second you are paying working is money. Basically, the 8 hours spent working each day are paid quite little, if you make a short and easy calculus. Still, most of us would say there is nothing we can do. We say differently – you can trade your time on money, but the best is when you put money aside and decide to spend fewer than previously thought. By this way, your time will no longer be paid with $10 per hour, from which you spend $8 from each hour – and remain with $2. Instead, try to spend only $2 out of those $10 and gain, by this way, $8 in savings.
Did you know that the government taxes each one of the dollars you gain? It means that, on average, you gain only $0.60 from each dollar. In short, it means that it is way harder for you to make money, than save money. When you save $10, the entire sum goes into your pockets. Instead, when you earn $10, in reality you earn only $6 – the remaining $4 enter in the government budget. Of course, it is not at all as delightful as you might think, due to the fact that even though you are trying to put some money aside each month (based on only a small effort), it is harder to create a sum from new money than from the money that you have already earned and saved up.
When it comes to lifestyle, the more money you make, the more you are ought to spend. Still, it is way better to keep the balance and be more rational when it comes to spending money. If, for instance, you start making $10.000 in advance a year, spending them altogether is one of the worst decisions you could ever make in a lifetime. Instead, you can start put them aside, since a dollar saved is way better than a dollar spent. If you really aim to have some economies for the black days, then you got it – the only way to do is through changing your lifestyle! Believe it or not, sooner or later you will thank us for this majestic idea!
When it comes to effort, it is extremely easy to see when and where is more of it expressed – when making more money or when putting them aside. I do not know about you, but as for me it is easier to put money aside than working more, just to save up the same amount of money. Of course, this is quite logical, since if you want to make more money you need, most probably, to take up a second job – and this is not at all an easy task. By all means, you will spend more of your daily time doing something for others, and trust me – this will get you old in no time. And let alone the effort – since you will use and lose all of your energy just to create that sum of money that you could have put aside from the very beginning, with no other fuss at all. It is just about perception and how to look at things. Even though it might be hard to say no to yourself, the jacket that you have just seen can be bought when it is on sale or never – especially if you already have other 10 in your wardrobe. The best way to look at things is to share a sight of a rational eye, and all of your questions will be answered. Just ask why – and you will see that there are reasons for everything to let go and decide not to take them up anymore. Your time and effort are much more precious than anything else in this world. So, what are you still waiting for?