How to manage personal finances that can be done is to distinguish between needs and desires. Human needs are divided into three, namely primary, secondary, and tertiary needs. First, primary needs consisting of clothing, food, and shelter. Meeting these primary needs is like the most important thing in life because it is an emergency or basic need. Second, secondary needs which consist of all activities are not vital or unlike primary needs which are basic needs but are still needed to eliminate obstacles and difficulties. Third, tertiary needs which include activities beyond mere convenience. This tertiary need is more directed to luxury or needs that can complement life and decorate life. While desires are all the more needs for goods or services that every human being wants to fulfill on something that is considered lacking. Desires are not binding and do not have the obligation to be fulfilled immediately. Desires are more additional when basic needs have been met. Meanwhile, if you also want to avoid mistakes in making financial statements, we suggest you hire the best Xero Bookkeeper in Parramatta.
Well, lust and desire can arise at any time. Moreover, if I go to the mall again. Seeing a large discount board, you immediately want to buy all of these items. It’s hard to hold back, but rather than starving at the end of the month, it’s better to hold up unnecessary shopping first. Remember, discounts can occur at any time. So, just be patient! Then, you can also do a price comparison. Be sure to always compare prices when you want to buy goods. Whether it’s electronic goods, smartphones, or plane tickets. There is no reason to be lazy. The reason is, you can already do it all with the help of internet technology right. Furthermore, setting targets in life will make your financial arrangements much better. For example, at the age of 30 years must have a house. 35 years old must have their own business. Just don’t just set an empty target. Hold on to the target, and try to fulfill it.