What is money use for during your earning stage? Do you ever think about it?
Every people everyday busy with their jobs with one purpose - earns money and finds more money. Some people work with illegal activities just to get more money. But why these money is so important to them. Why those people need more money?
Since money is invented last time, it become very important for human to exchange for food, cloth, house, land and everything that will satisfied human need. Yes, people working and do some activity to earn money with only one purpose that is to spend money.
The main objective to earn more money is to spend more money. Many people don't know how to earn more money but most of the people very expert in spending money. If the money is not use to spend, what is the purpose to earn more money?
However, how much money can a person earn and how long that person can earn money? In our live, there are 3 major stages to go - stage 1 to be children, stage 2 is an adult and stage 3 is an old man. And most of the people only start earns money at stage 2 which is adult stage at their life cycle. In stage 1, we still have no knowledge and have no earning power. At stage 3, it is too old for us to work and some more after spending so much time at stage 2 to earn money, stage 3 is the time for us to relax. However, it realistic, there are a lot of people still need to work after their retirement stage just to spend money for survive.
As mention early, the main purpose to earn money is to spend money, if not why you work so hard to earn money? The main different is the purpose and when the money is needed to spend. Is it for present spending, past spending or future spending?
Present spending is for you to pay for current need that is food, house rental, utilities and etc, pass spending mainly is for loan and credit card debt and future spending is use for the time of your retirement or others future planning expenses.
For current stage, while still can earn a lot of money, the money should be spend for present need, save for emergency fund and invest for retirement fund, education fund and others future need.
As summary, at present earning stage, the money should be use for spend, save and invest.
[http://www.routetofinancialfreedom.com/]
Every people everyday busy with their jobs with one purpose - earns money and finds more money. Some people work with illegal activities just to get more money. But why these money is so important to them. Why those people need more money?
Since money is invented last time, it become very important for human to exchange for food, cloth, house, land and everything that will satisfied human need. Yes, people working and do some activity to earn money with only one purpose that is to spend money.
The main objective to earn more money is to spend more money. Many people don't know how to earn more money but most of the people very expert in spending money. If the money is not use to spend, what is the purpose to earn more money?
However, how much money can a person earn and how long that person can earn money? In our live, there are 3 major stages to go - stage 1 to be children, stage 2 is an adult and stage 3 is an old man. And most of the people only start earns money at stage 2 which is adult stage at their life cycle. In stage 1, we still have no knowledge and have no earning power. At stage 3, it is too old for us to work and some more after spending so much time at stage 2 to earn money, stage 3 is the time for us to relax. However, it realistic, there are a lot of people still need to work after their retirement stage just to spend money for survive.
As mention early, the main purpose to earn money is to spend money, if not why you work so hard to earn money? The main different is the purpose and when the money is needed to spend. Is it for present spending, past spending or future spending?
Present spending is for you to pay for current need that is food, house rental, utilities and etc, pass spending mainly is for loan and credit card debt and future spending is use for the time of your retirement or others future planning expenses.
For current stage, while still can earn a lot of money, the money should be spend for present need, save for emergency fund and invest for retirement fund, education fund and others future need.
As summary, at present earning stage, the money should be use for spend, save and invest.
[http://www.routetofinancialfreedom.com/]