Sometimes it seems more charismatic than tragic that the situation has turned so bad that people belonging to any class are suffering day and night due to the gap in their income and expenditure. The situation is that even those whose annual and monthly incomes are equal seem to be complaining about the tightness of the situation in their respective places. In such a case, we usually vent our frustrations by putting all the responsibility on the price increase, profiteering and limited sources of income, but never review our personal behavior. In this article, we are going to mention some of the things that point out the wrong attitudes of the people in financial problems and also a sign of further economic trouble in the future of the people suffering from these problems. We should all take stock and consider these things.

1- Delay in payment of dues

If for some reason you forget to pay the electricity, gas or water bill, it is a different matter. But even if the last date for such bills is approaching, if you do not have money to submit, it is a matter of concern. There is no doubt that there is a huge difference between the performance of these institutions and the bills they send, but even without paying these bills, there is no choice. So instead of cursing these departments, look at the fact that if the same bills were being paid on time a few months ago today and now they are being delayed or there is no money to pay them, then somewhere there is a problem. ۔ Inflation is in its place, but you may have incurred some additional expenses which led to this shift. Remember there was no shopping, beauty parlor, or eating out with friends this month, unnecessarily ... ??

2- No savings

If we do not save at the end of each month, it means that we are spreading our legs more than our sheet. In case of any emergency or unintentional accident, only your savings can help you. In the event of a sudden job loss or loss of business, tomorrow's savings come in handy today. When we are spending more than our resources, it becomes very difficult for us to save. If someone says that his income is so limited that there is no saving, then it is worth thinking that saving is about using resources in such a systematic way that there is minimum utilization and maximum benefit. ۔ It has to do with the "quality" of spending more than the "amount" of income. We spend so much on one level or another that it erodes our entire month's savings. Everyone can evaluate such expenses themselves.

3- Borrowing is also a measure!

Dear relatives, stop listening to the call, if friends do not answer any of the contacts, then along with many other reasons, one of the main reasons may be borrowing. The only one who can fully rely on his resources is the one who adopts the right strategy to use those resources. Therefore, when one fails in this, he becomes indebted to others. So if your current income is failing to meet your lifestyle requirements, think about it, you may be missing out on something which could sooner or later lead to a crisis.

4- Loans to pay off debts

Bills due are also a form of debt. Delays in these also increase the amount due. So try not to delay their repayment just because of debt. Many times we borrow from one borrower to fulfill a promise and thus the time is getting shorter and the loan amount is increasing. Some people who are stuck in debt get a temporary solution to their problem by taking a loan from a credit card or a bank, but it is a matter of leaving the well and choosing the ditch. So try not to let the expenses reach the level where the loan is needed and for this it is necessary not to attach any need or desire to the hope of the loan.

5- Credit card, a hanging sword

If one's income is average and he still has a credit card, then it simply means that he is a waste of money. A large number of credit card makers in the middle class are people who are reckless when it comes to spending. For some improvement in their lifestyle or for some convenience, they find themselves trapped in debt. First of all, the formula of sheet and foot length is also correct, but if someone has already made a credit card, then he should see how many times his (credit card) spending limit has been exceeded in that period. Is? The answer to this question will also indicate whether he will sooner or later suffer from severe financial problems or not.

6- What kind of equality?

Whatever our level of income, we can have relationships with people from all walks of life. Employees interact with co-workers and people from different walks of life, as well as financially well-off relatives. In this case, looking at their lifestyle, sometimes feelings of greed and jealousy must arise. Entertainment is an equal right for all, but good work is within our reach. Achieving happiness beyond one's means is merely the result of greed, and the problems that come after it make one realize this. Therefore, happiness is the same as sleeping in the courtyard, what is the use of such temporary happiness which is heavy on the pocket as well as on the heart.

7- Get permission from pocket.

Every month we have some estimates of expenditure but it is better to make it a regular budget. Many times we purchase items, keeping expenses and income estimates at bay. Many times they include items that are needed either temporarily or without them. But we simply fail to overcome the "strong urge to buy" and ruin our monthly budget by buying anything like that. Therefore, it is important that whenever the heart becomes impatient to buy something, look in the pocket above it and ask for its permission. If you pay attention to this, many problems will not arise. Also, set aside some money each month for purchases. Just make a list of such items and plan your purchase by categorizing them as Most Important, Important, and Less Important.

8- Destruction of taste

Many habits become part of our lives in a very subtle way and we have no idea when they will start to affect our health and financial status. The trend of eating out, hotelling or outing has gradually become part of our daily routine. Now even the family prefers to celebrate small pleasures in restaurants, the invitations in the houses are being transferred to hotels and restaurants. Friends prefer to go out to eat just for fun. Now if anyone has decided to keep up with the times, all they can do is ask them to take a look at their expenses once and for all. This is a matter of concern.

09- Something saved for retirement!

There is no doubt about the hope of life and death, but when we do not know how long we have to live in this world, then there is nothing wrong with planning for the future. That is, if the time is short or long, we do not know anything about it, but if we plan, we will benefit in both cases. Some economists say that every person should save 10% of their annual income for retirement from the beginning of their career, which they consider necessary for a stable economic future. At the same time, he says that if a person cannot save this 10% per annum, it means that it is a waste of money.

10- Is the budget ready or not?

If you are worried about an imbalance in expenses and income, you do not know where your money is being spent and you are not able to save even if you want to. Give it too! Do you have a budget for your daily expenses? First you have to write them down to find out and compare the balance of your expenses and income and also plan for the future in writing. If you do not, be prepared for financial problems.