2. 1. PLAN
Planning out how you are going to use your
money is the very first step to minimize your
money. The people that go out without a plan will
be the ones that are in downtown homeless.
Since, everything reenacts from your decision
makings. Therefore, even planning out with
common sense will be more smart rather than
entering the outside world without it.
3. 2. MINIMIZE
Once you are done with the plan, there are
more to add because you will want to
minimize the money as best as you can.
Especially, with a small amount of money,
there are events where they are unexpected
so being prepared will be useful.
Some of the things that will save you money
will be buying clothing from value village,
researching the cheapest service for your
phone, and using coupons as much as you
can will result with a chunk of money leftover.
4. 3. DECISION MAKING
Everything that I mentioned is all essential,
however, the decision making is the main part of
accounting money. Nothing is useful if you do not
make the right choices. Some of the choices you
can make:
- Not carrying too much money with you incase of
something happens. (Saving in your bank
account and using a card is more safe)
- Carrying small amount of money that are saved
from use of coupons and other minimization is
always a good idea. (Take account of
unexpected disasters)
5. 4. OUTDOORS AND
ENTERTAINMENT
Always want to be cautious when going outside because
leaving the house often will make you spend unnecessary
money. Also, it is not a wise choice to spend money on
entertainment when you are this desperate for money. I
believe the better choice is to spend some money on
education and applying for better jobs will bring you more
money in the future. Then, when you are successful
enough, that is the time where entertainment can be
purchased.
6. 5. SAVING MONEY EVERY
MONTH
There will be money that are left over at the
end of the month when you act out what I
have mentioned. The money that are left over
should be kept in the bank every month so we
can take out a big chunk of money that will
have been saved for a long time when we are
desperate.