Why more money never solves money problems…

Hi there, you’ve probably heard some people always whining about the “little” pay the get, you’ve probably seen some folks who are always on the lookout for a second job or those pushing hard for pay rise or that promotion which comes with a bigger pay…all because they think when they get some extra money, the consistent money problems can be kept at Bay…

But trends have shown us that not long after someone gets that well paying job, he’s back looking for a better paying job because apparently, the already pay already isn’t enough…then you wonder what In the world is enough pay because people don’t seem to get enough.

The truth is many of us today simply think more money will solve our extravagant expenses which isn’t the case. once most people get that big job, their expenses increase, the throw bigger parties, move into bigger houses, buy bigger cars and this literally increases every other expenses they have hence depleting the huge salary in no time.

Yet other than probing how we handle our finances, we think money is just the problem…it’s just not enough so we gotta get another job. so this habit leads a vicious circle which at the end of it all may cause accumulation of debt and living paycheck to paycheck.

We tend not to admit the fact that we handle our finances carelessly, often spending impulsively and moreso on things we don’t actually need…Have you seen someone who’s been earning way below you but seems to be getting ahead of you financially?…chances are that he’s handling his money way better than you!

Such habits can be broken simply buy delaying an urge to go on a shopping spree, making budgets, taking lessons on personal finance and having a financial advisor or planner that’s incase you can afford one.

Embrace financial education and secure your financial future. Don’t be a slave to impulsive spending and debt!!