Wondering why I have mentioned as 21 days? Any discipline when strictly followed for 21 days becomes a lifetime habit. No one needs to remind you or force you about these. You will never miss out following these from the 21st day.
Financial self-discipline is very important in life. Only then you can save more money. You will also be able to retain your wealth and pass to your children. When you tend to follow these, your family will automatically behave responsibly towards money. Your kids will learn to save money by themselves. Learn the below steps. You can adopt them all in one go for 21 days (or) keep on adding them so that you completely follow all the steps within 21 days. Now let us go to the matter.
Step 1: Accounting: Do you know your average spending on groceries? Do you know whether the power bill amount has increased or lowered? You want to check the rate of shoes you bought last week, and you have missed the bill too. There is an answer and a solution to all these. Start accounting all your expenses. Just ten minutes before your bedtime is more than enough. Expenses do not mean your expenses alone. When your spouse or kids get money from you, instruct them clearly to let you know how much they spent. Read the journal and find out what is unnecessary. There may be items which you could have postponed or avoided. Find out how items have fluctuated over the past week.
Step 2: Exploring what’s new: List out what all investments you have already done. Start learning about them completely. One investment per day is enough. You will be surprised to see how many investment mistakes you had already done. Once this is done, start learning new schemes. For this daily task, just ten minutes during your free time will do. Click here now to know on the best investment methods like use of Qprofit system. The benefit of step 2 is you will automatically stop making mistakes and start doing wise investments.
Step 3: View your investments daily: Take a picture of those bank deposits, jewels or assets and view them daily for five minutes. Preferably you can do step 3 as soon as you wake up. You will start sensing happiness. It will have an effect on your subconscious mind. Soon find more taste in saving rather than spending. You will absolutely stop all those spendings you made unnecessarily for triggering your happiness hormones.