What are we doing with our earned income?!
This is a chart depicting two indicators of poverty for the world, developed countries, and developing countries. The indicators are: (1) the percentage of income earned by the poorest 20% (or quintile) in a country and (2) the percentage of people in a country living on less than $1 per day. The data for this chart come from the United Nations and the World Bank. (Photo credit: Wikipedia)
It’s not your salary that makes you rich, it’s your spending habits.
*******Wait a minute. Didn’t you just get paid from your job? Where did it all go? Oh, bills. Right. Wasn’t there anything left over? Ok. That’s good, but why do you only have pocket lint in your hand when you dig into your pocket? What needed items did you buy? What wanted items did you buy? Which one tipped the scale? The needed purchases, or the wanted ones? I know there are things I have bought recently I could have done without. Were they large purchases? No. But, they added up over time. If you are on a budget like I am, you have to watch every dollar. You may have to ask yourself if you really “need” a certain item when you pick it up at the store. I can be seen talking to myself at the store, or standing still looking up at the ceiling while thinking whether I should put something into my cart or not. Reason wins most of the time. I just have to minimize the times I throw caution to the wind for momentary pleasure…for the time being. There will come a day when I can take care of all of my responsibilities and have fun at the same time. I will relish that day when it comes…and so will you.*******