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Top 3 ideas of how money works
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If salary is your only income source. This well will dry out soon. The saving in your bank account is not going to work for you unless you make it work. Put that savings into some work create other sources.
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Calculate your salary basis on 1 hour of your day.
How much monetary value do you hold in 24 hours. If it's above ₹180 per hour. For 10 hours of work daily you are earning decent amount.
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Prepare an hourly chart of how you spend your 24 hours, starting now. How much of it is spent doing productive work in terms of money and how much of it is spent in losing it. If you find the ratio is 3:1 you are safer than most people.
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46 reads
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Tea, books, movies, conversations, music, trekking, travel and a lot of laziness
Other curated ideas on this topic:
Step 3 works best when you use this step. Try looking at those at the top of your field and comparing what you know to them. Think about how you can apply some of the things they do to help your performance.
Then, go back to step 3 to practice some more.
No matter how little or how much money you earn, creating a monthly budget is one of the most important aspects of managing your finances. What gets measured gets managed.
Having a budget doesn't stop you from spending money the way you want it to, but works like a partne...
Money as a tool for motivation is limiting at best, and the 'carrot and stick' approach many managers use to motivate employees is will actually achieve the opposite effect of what was intended.
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