Today...i met a friend in Taichung. Although i was mistakenly recognized him as a worker (*instead of a student), he's not mad at all. Huhuhuuuu...but still, i was SOOOO EMBARRASSED...that i wanted to drown myself in the depth of the sea (T-T). Having a small talks with him...i just knew that the scholarships in Asia University is (only) 3000 NTD. OMG (*i'd rather turned down the scholarships's offer since the first time if i were him). But, surprisingly, he's able to SAVE MONEY and live happily with that amount of money. Subhanallooohhhh. Then, i keep wondering...WHAT'S WRONG WITH ME ? WHAT'S WRONG WITH MY MONEY MANAGEMENT ? WHY I ALWAYS BECOME THE SPEND-THRIFT ONE ? *Sigh*....
Referring to one of the article about money management here....i knew that i have to start learning about this kinda stuff...before it's too late. Hihihi...^^
Tips for Better Money Management
Once you’ve decided what organizational system will work best for managing your money, keep in a mind a few basic tips that will help you make smart financial decisions.
- Understand where your money is going. When they look at their monthly bills, many people are shocked by the amount of money they spend on bank fees, cell phone service charges, and other expenses they don’t really understand. If you don’t know the purpose of a particular fee, call the company and ask if there is anything you can do to have the charge removed.
- Don’t be afraid to ask questions. For example, if you receive a bill from your doctor’s office that you think your health insurance should have paid, call the office and ask them to explain the charges. Mistakes are more common than you might think and it’s your job to catch these errors.
- Develop a good filing system for receipts and other important papers. Staying organized and avoiding the hassle of misplaced paperwork can often save you big bucks. For example, if your new refrigerator breaks while it’s still under warranty, you’ll probably need the receipt to get it fixed.
- Make comparison shopping a priority. Although most people will take the time to evaluate their options when buying cars and other big-ticket items, many people overlook the importance of comparison shopping on a day-to-day basis. Shopping around for the best deal is a great way to cut costs on everything from cleaning supplies to printer ink.
- Remember that even a small savings can help you get your finances under control. If you’re battling massive credit card debt, taking the time to clip coupons to save $10 or $20 on your grocery bill is a smart idea. Even though that extra cash may not look like much, it’s enough to put you on the path to financial freedom.