Spending Spree

Many times we heard and experience that money is not enough in our life.What say you?Do you feel the same?But, how much is enough? A rich man will eventually blurted out that they don't have enough to spend too.
During a conversation with friends recently, I told him that switching from one job to another job will not help save more money should one does not implant saving habit in their life. Maybe you will get better income; better promotion and eventually, your lifestyle will improve. But, I always believe that the more income you earn the more money one will spend.Do you agree?
My previous boss use to advice us to set aside some percentage of our income for saving. He added that one should have saving at least 6 months of salary. The reason is should you are jobless one day; you still have this income to cover for the next 6 month while looking for other job. I agree with him.
A lot of people tend to have low money management. They will get their pay, paid up everything and should any balance, they consider it as saving. But, sad to say that a lot of people will start to get "itchy" when they realize they still have balance of money and hence will spend it all to get what they want, as their next income is coming.I'm sure you feel the same too.
High commitment is always on the top of the list of reasons for “not enough money” symptom. With house, car, insurance to pay up for, they will be left with little once the income was out. They will be waiting for next month pay again as the clock ticks.
Though all the above can be consider a basic wants, one should buy within their mean. Don’t think that things will eventually improve in times to come (e.g. your pay will increase in year to come).Hey dude: You never know what will happen within the next second.
A rich “appearance” (filthy mansion, imported cars, branded clothing) will only make you look rich, but, with no saving, will tend to be worrying for you life. Don’t be surprise to see that a low income earner will have bulky bank account than majority of high income earner.
So, start planning your expenses now. Well, easier said than to be done, try to apply this simple principle in your life- Buy whatever you think you SHOULD buy, not whatever you WANT to buy. Hence, it will more or less improve your spending pattern..GOT IT!