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Replying to Avatar The Frugal Fren

Good morning! ☕️

Either you control your finances or

Your finances control you.

Better if you rule.

Usual financial mistakes:

1️⃣ Having no financial plan or goal.

2️⃣ Having no savings

3️⃣ Increasing your lifestyle when your salary increases

4️⃣ Thinking if you can pay it, you can afford it.

5️⃣ Buying new car, new phone, etc frequently

6️⃣ Not knowing how much and on what you spend each month

7️⃣ Thinking if you invest 10%, you are set for life.

8️⃣ Having unnecessary perpetual payments

9️⃣ Understanding the real impact of inflation, and hedging against it

#frugaltip #frugalism #frugal #minimalism #minimal #minimalistic #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #hardwork

c0
c009fab2... 1y ago

is it a mistake to understand inflation?

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The Frugal Fren 1y ago

Good point, missed the "Not"

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