Man is weak. Our incentive system is designed in such a way that contradicts long-term benefits. The fact is that in order to get long-term benefits, you need to manage your emotions. It was very difficult for a very large number of reasons. Today I want to understand, in my opinion, a few of the most important things. I decided to pay attention only to the most egregious of them. This information will help correct the situation and learn how to treat money more correctly.
NO PATIENCE - CREATING A DEBT
Your emotions are stronger than there and then. Therefore, we take a debt, we live beyond our means).
All that can be done is to endure more. When you take a tsp in the long run is the opposite situation.
DRUG # 1: No need to fight desire (you lose to the “white elephant”). Need to shift focus on tsp another. For example, if you want to buy a phone, then you need a phone, clothes ... Or, in general, to focus on the non-material side (a pleasant hobby or a party with friends)
MEDICINE No. 2: Emotion of the strong only then and now, because it operates with instinctive desires. No need to fight emotions here. To do this, AVOID situations that provoke such emotions (if you do not have money, then do not go to expensive shops or car dealerships, for example). Or, if you are already “hooked”, you can say that buy this thing ... but a little later. Do not argue. Just make yourself a habit of “FROZES ON ACTION” ie Whatever you like, it takes three days to ponder and only then purchase. Your emotions will cool off, and you will make a more profitable and rational decision.
MEDICINE №3: Planning and accounting on paper of your expenses and budget. If this is a habit, then a person more rationally and thoughtfully begins to manage money.
