spending or saving: Get Clarity

Money: It has a value. We cannot deny that. But, we should spend or save it? In this blog, we will analyze about it.

Table of contents:

1. How much importance should I give to money?

2. Spending: Get Clarity

3. Saving: Get Clarity

4. what is the difference between stingy and frugal?

OK. No more further delay. Let's get into the topic.

1. How much importance should I give to money?

Money is everything in today's world. Less importance to values, manners, discipline. More importance to money, materials and artificial beauty.

We all should give importance to money, but not too much importance as if it is going to give to rain, water and air. So, that much importance is enough for money. It is necessary to buy things that are necessary for life. 

So, our understanding is Money has a value. But, there are many more important things than money without which we cannot live. They are namely 1. Rain, 2. Food, 3. Breathe.

2. Spending: Get Clarity

We have to spend the money, only then the money will have value. No value for money if it is not spend.

For example, if you have money and if your friend is in need of money, you can help him with giving the money you have.That way the money will get its life. By giving, you can get more. That is how nature works. It gives for those who spends. Not only in terms of money, it works even in terms of knowledge. 

3. Saving: Get Clarity

    

  FOLLOW 80: 20 rule               

earnings	spending	saving
1000	800	200
10000	8000	2000

save money, to meet your emergency needs. Also, plan and have your 6 months salary in your account, so that if you meet any emergency needs, like if you lose your job or on some other issues you may manage yourself. Don't save too much. Focus on giving, sharing and helping. Those are qualities that will be recognized by the universe and God. 

4. what is the difference between stingy and frugal?

Stingy: If someone saves too much money, and focuses only on saving money, not spending even to meet their own needs are called stingy persons. 

Frugal: If someone saves money to meet his basic needs in case of emergency, and at the same time, he spends the money in a much positive way. 

Understand this difference and Get Clarity.

Watch for more money related videos from the you tube channel 

psychology in Tamil, by Dr. Jithendra. He used to share lots of useful information.

Conclusion:

It is necessary for us to understand about money. Use it wisely. Stay positive. Take care. Thank you.