It's already the 4th of March 2019. 10.19 pm here in Malaysia.

How has your day been?

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I am going to write a shorter post today as I am going to read a book. Been so busy lately to complete a book.

Today's post will be about how we can save more money.

I was reading this this article about How we could save a $100k. It gave me an idea to write a summarized version of
what I thought was needed to at least save some money. 100 k for a goal is too far fetched for anyone who currently have lots of commitments or are not earning lots of money.

One of the things my mom always tells me is that,

It's not about a person's propensity to earn that can determine whether a person could one day be wealthy or not , but also the ability to save. Saving is hard but spending is easy. There are lots of folks that I have known, who earns lots of cash, but end up having a deficit. The last two years I've worked really hard to make sure I can sustain my life without working for someone else. I did work for a company for a couple of years.

In total I've worked for around 8 years for companies, currently, this would be my forth year in earning my own income.

A lot of us wonder, how is it possible to escape the rat race? To some extend, I think it takes pure guts. I felt pretty scared doing it at first. Imagine having the need to pay for your expenses but yet your going to try to attempt the impossible.

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Rat Race is something that Robert Kiyosaki has made famous. It is when an individual needs to work for money and has to sacrifice once time into earning income. If there were colour changing fonts here on Steemit, it would make it really interesting.

There is no magic formula in getting wealthy. I am not wealthy yet.
I still need to work for money but I am working on my way towards financial freedom.

The day, I reach that goal is when I don't need to think about money and I have created my own money making machines.

These are some of the ways which we could do which aren't that hard to achieve;

The right mindset

The first thing to do is to stop worrying. It's going to be something tough as we may constantly be worried about our finances but reducing these worry and focusing on what is important is key to being able to think at a critical level.
What could we actually do with what we're worried about? Nothing. It adds more stress. I din believe it at first until I tried it and it's working quite well.

Have a budget. Every month, no matter how tough it can be, stick to saving a portion of your earnings that could be invested. What I usually do as I accumulate these funds is to learn more about it. I still remember the first time I invested my money. It was pretty
intimidating, nevertheless. Stick to the budget. I honestly have my own budget too. I din have one when I just started working and had spend on the things I wanted and worry about paying off my expenses. It is really tough to have a budget because it limits what we can spend on.

If you have already used a budget for a long time, it's hard to have an non-budgeted mindset. The first thing that we will have the habit on is to pay off our debts first, then we would slowly have the habit to spend on only necessary things.

I only invested about USD 30 and I managed to earn some profits from the capital gains that I got from the stock price movements. Learning to learn is a key skill. Even if we had those funds but don't have ways to use it, what good can it be?

Going to finish my writing for now. This shall be the first part of a two part financial series on savings.

Good night everyone , hope it helps.

Do follow me at luueetang

Gonna write a second part tomorrow. Have a great day ahead.