Hive Learners Contest "Discussing About Budgets And How We Budget For Our Needs"


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Hello all friends, greetings to all of us who are in this beloved community. First of all, I would like to thank the Hive Learners community for publishing lots of interesting themes in the contests that have been provided. I think the existence of these contest themes is very useful for all members who have joined.

On this occasion I would like to make an article in accordance with a predetermined theme, which is about the budget. As we know the budget is one of the things that we can take care of in this life so that our finances are more stable and in accordance with income and expenses. Maybe before that I also did not manage how to stabilize the budget needs in my life. And for now I definitely have a little experience with a budget that I can stabilize to make it easier for me to manage income and expenses in my life needs.

Sometimes we only count our income, but we rarely count it as our spending money so that after we work and earn money then we run out and don't stay because of that we don't set a budget that can make our finances more stable. So for the future I want to calculate how I think and how much I spend. We really have to calculate things like this so that some of our income stays and becomes savings or if the money has become more we can invest.

In addition, the function of managing a financial budget is of course also useful because this can make us not spend too much money on things that are not necessary and are not included in our basic needs. After we manage finances, of course life is more stable and we can feel the pleasure later when we already have a lot of money saved from our hard work. I once heard a message from a grandmother, she said to me, again you are young you work hard and you save your money by spending it on things you don't need to spend. Your future is still long and you must have a lot of things for future needs. Don't let you regret it later when you are old and don't have a lot of savings. That's what a grandmother told me about it. So after I read this theme and I'm very interesting to say the world That's because it's also a to keep the budget in our needs.

We can calculate the amount of our income both in terms of monthly or in terms of daily and how we will also calculate an expenditure whether it matches the income and expenses we get. We have to think long and we should not take it for granted. Because if we have good financial management, of course we will definitely have savings and these savings are very useful when we are old or we can't work anymore. Many people today that we see who already have a lot of savings they will invest in various things and like that they are very profitable in the long run.

That's all I can say on this occasion about how we manage the budget in our life. Previously I have also read several articles from friends who have explained in as much detail as possible so that they are very useful for all of us. Thank you to all my friends and to the seniors who have taught me various things so that I become more knowledgeable that I get.

Special Thanks :

@hive-learners
@bruno-kema



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2 comments
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Having a good expenditure plan helps us not to spend money on things that may not be of value at that time as you rightly said.

You have spoken so well, thanks for sharing

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When making budgets, we have to think in the long term and not just in the moment. Because every little action and decision will have an impact on the future.

Thank you for sharing this with us.

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