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Desire to keep your expenses low, very often will not make you ‘own’ more money.

One of the biggest delusion when reorganizing financial life is thinking about ’spending less money’. Of course, all unnecessary purchasing should be canceled, but not important ones. Spending money on necessary, or what will definitely pay for itself is ‘life important’. For example you wanted to save some money- you did not go to service when strange noise started to come under the hood of your car. Few weeks or even days later it can become so awful, that the whole engine should be repaired and that will be expensive.

Here are 5 advices to keep your money up and running:

1. Do not buy anything on sales.
   Cheap stuff rarely offers good quality. On the sales often you do not think about so simple things, like ‘do I really need that stuff?’. If you have really found something you think is very needed, do not buy it, until you have checked all other possibilities (perhaps the same price but higher quality?). Buy only when there is really no other possibility.
2. Do not buy cheap things.
   ‘Cheap’ does not mean ‘good’. To receive in full, think not about the price, but about the value. Cheap car will be more expensive in running or service. This type of car has lover value than more expensive car, which running costs are lower. This type of ‘used to’ can be used anywhere, what means - you are buying things that are a little bit expensive, but will fully pay for itself.
3. Do not loose your time.
   Sitting at home in front of the TV. Of course, it is much ‘cheaper’ to sit at home than going out, for example, to pub. Instead of being home and complaining that you can not afford yourself some entertainment, you could attend professional developing courses. So you could find better job or improve personal financial skills. The next year you wont complain anymore.
4. Do not spend to much time on analyzing the stock.
   In the beginning, it would be better to put your capital into fund. You would not worry so much about the money, and it will be growing (should be at least). With this you have the ‘money - making - more - money’ stuff and do not need to spend time on analyzes (you should be working that time). In time, when you are more financially independent and with a little more resources on bank account- go on, enter the big world of investment!
5. Do not trust all investments to experts.
   ‘Never have all the eggs in one basket’- this is the best description. You have your own head on the shoulders, and it should be thinking. You should use experts skills and knowledge, but the last decision is your one. The job salary can not be the main motivation in job seeking. The biggest mistake to choose a job what pays good, but you do not like it (I think even hate sometimes). In long- term investment you should be doing the thing you like. Even if it is not paying back at first, it will definitely later do. Man gives much more of himself for what he likes to do. Psychology.