Ladiesofhive contest wk 169: Needs over wants; achieving financial goals

sabrinah 10 months ago

It is always good to prioritize things so we don’t go around spending money without even having to save any. Of course everyone like to get material things and that’s one of the things we always want to fight ourselves with, we all want material things and it is normal. We learn one way or the other on how to start saving and apply what we call scale of preference, the order in which we need things not wants. It helps a lot and saving is very essential in case of situations that comes without notice.

elizabeth2323 10 months ago

Very true, we all want material things and getting things according to the scale of preference is very important, so we don't end up spending on unnecessary things while neglecting the more important ones.

Thank you for the wonderful comment ❤️

hivebuzz 10 months ago

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elizabeth2323 10 months ago

Thank you for the support always

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hivebuzz 10 months ago

All good @elizabeth2323! You're a true Hive champion! Onward to that new goal!

ifarmgirl 10 months ago

It's good that you realize your mistake while you are young :) Sometimes, we tend to derive happiness from material things but the feeling fades eventually. Then we want more again. It's a never-ending loop unless we break it ourselves. So congratulations to you from learning your lessons well :)

!LADY

elizabeth2323 10 months ago

Just like they say "human wants are insatiable", we keep craving but cannot have it all. I learnt it in a hard way to only focus on the important needs first.
Thanks so much for your comment

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joanstewart 10 months ago

"Look after the pennies the pounds take care of themselves", that is what my parents always taught us. Shopping for essentials one thing, luxury items really need to be put onto a list and wait until money is available.

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elizabeth2323 10 months ago

You are so lucky your parents taught you about saving, and waiting till one can have access to the luxury items.

Thanks for reading through my blog

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joanstewart 10 months ago

Keeping clear of debt is the best! Have a wonderful day !LOLZ

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elizabeth2323 10 months ago

Exactly. Thanks and you too

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elizabeth2323 10 months ago

Thank you

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ladiesofhive 10 months ago

!LADY

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kerrislravenhill 10 months ago

Distinguishing Wants from Needs can be a bit eye-opening when we look at things fairly otherwise we will run out of cash sooner before getting paid. With inflation significantly effecting our buying power, we may find ourselves Prioritizing a choice between similar needs, such times I would try and find additional income or reduce costs elsewhere. It's always wise to have an Emergency fund balance. When I exceed that monthly target balance I would treat family and myself. Reward yourself for a job done well @elizabeth2323
Thanks for sharing.

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