How to have more money : increase income and decrease expenses

[Starmix]

If you want to have more money, increase your income and decrease your expenses. Delve into frugality and navigate yourself to something that earns you better. As much as possible, don't waste any moment by staying in your comfort zone. Money does not grow there. Increase your income by running a busines despite small at least there is money to spend wisely and to save for the rainy days. You can create more money making of your option.

 

[Springtime]

To have more money, we have to work hard to earn money and make investment to grow our wealth. At the same time, we have to spend money wisely. Do not waste your money on unnecessary stuff. Have the habit of saving a portion of your earnings.

 

[Fidelia]

Offer more value to get paid more. With that, you would be having more money naturally.

 

[Starmix]

If we cannot increase our money instantly at least reduce the expenses to avoid feeling broke and useless.

 

[Hate2Wait]

There is no hard and fast rule to this. We should always make sure to spend less than what we earn and should invest too

 

[eldavis]

To get more money, we need to work hard and put in more efforts, while to decrease our expenses we need to learn self discipline and cut down on spending on things we don't need.

 

[Starmix]

We are the only ones who can change our financial lives for the better by not overspending. Saving is a must.

 

[Shavkat]

I agree. Cost-cutting is the best way to earn more and save some money in our pocket.

 

[Starmix]

We need to sacrifice rather than suffer when there is no saving during important days that we need it badly.

 

[Shavkat]

We need to sacrifice rather than suffer when there is no saving during important days that we need it badly.

I agree with you. I am trying my best to consider this simple principle that sometimes some individuals forget.

 

[Starmix]

I agree with you. I am trying my best to consider this simple principle that sometimes some individuals forget.

Let us only concentrate on how to increase our income even if we spend much sometimes.

 

[nomad]

Well said, but increasing income can be very difficult as fining well paying jobs, side gigs, or even online hustles is very difficult. We can off-course decrease income

 

[Hate2Wait]

We can make our budget wherein we can put around 30% of our total earnings set aside for savings and use these 30% to either invest or invest half from it and this way we will be spending only 70%

 

[Ratine]

That is something that is not possible to most people. The more the money the more expenses.

 

[Starmix]

The first thing to do is reduce the expenses and start increasing your income. You have to do a thorough planning on how to increase your income.

 

[Ratine]

I always wonder why the contrary happens. When one gets more money they tend to increase the expenses.

 

[freelancermaria]

Yes, increase your earnings and cut down on your expenses. Explore opportunities to earn money through online, offline, or combined channels. Avoid buying unnecessary items.

 

[Starmix]

You need three or four jobs to increase your income, in so doing you can save money. Reduce your expenditures by buying only the essentials.

 

[King Belieal]

You need three or four jobs to increase your income, in so doing you can save money. Reduce your expenditures by buying only the essentials.

In addition to the four jobs that provide active income, you need a passive source of income to boost.

 

[Ratine]

That has been indeed the principle for multiplication of the money in a matter of fact. However that principles are usually easily said but very difficulty to be implemented.