Just Started Earning
My first salary was Rs.7000 in the year 2009. I know it was very less when my friends earned Rs 20,000 as a fresher, I was far behind them. But neither worried about my salary nor unhappy with my job. And I am proud, after I started earning, I have never barrowed from my parents or lived with credit cards.
My friends working with Top MNC’s will call me for credits in month end, on no occasion in my book of accounts those got repaid. And I actually lend them, only when I can afford to lose it. Getting repaid is really just a bonus.
Here comes a question, right?! A person who is generating less income will have fewer savings when compared with a person earning more!
As a matter of fact, Money once comes IN will somehow find its way to go OUT. Remember it’s not the EARNINGS that are important; it’s all about DISCIPLINE & BUDGETING!
A person with income Rs 7000 saves Rs 2000/ month will be in advantage situation than a person earning Rs 20,000 with nil savings.
How to do this…What’s the DISCIPLINE?
Rocket Science..? Not Really, All you have to know is simple Division! Divide your earnings into 3 portions.
One.. For Parents: Maybe Pure Asian mindset, it’s not that they depend on you, but it’s your responsibility to give them.
Two.. For Savings: Save this portion for your Future/ Emergency Needs
Three… For Self: Pay for yourself, it’s you who bring in this money.
Here arrives the origin of our watchword, “Create, Consume & Conserve”. Happy Living !!!
