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Effective communication
Persuasion techniques
Closing a sale
Evaluating necessity
One very important reason, if not the most important of them all, when choosing to use your emergency fund, is the situation of necessity.
Of course, if you have to, you should do it. However, you might want to pay attention to what necessity really means: if you can as well do without, then you probably should not spend your savings on that.
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Managing your emergency fund
Having an emergency fund can prove life-saving when you are in desperate need of money. However, before starting to use the money, make sure the situation really requires the measure.
For instance, try spending the money on situations that occur totally unexpectedly rather than on event...
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Patiently manage your emergency fund
Whenever you have the impression that you should use your emergency fund, ask yourself if the situation really is urgent. If the answer is Yes, there is no time to waste.
However, take time and be patient in managing different situations as, if there is no need to spend the money, t...
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Patiently manage your emergency fund
Whenever you have the impression that you should use your emergency fund, ask yourself if the situation really is urgent. If the answer is Yes, there is no time to waste.
However, take time and be patient in managing different situations as, if there is no need to spend the money, t...
Needs, wants and savings
- Needs: these are those bills that you absolutely must pay and are the things necessary for survival (rent or mortgage payments, car payments, groceries, insurance, health care, minimum debt payment, and utilities).
- Wants: these include all the things...
Possibility or Necessity
What drives you in your work?
- If you are a possibilities person, you focus on the possible choices in a situation. You are likely curious about the potential your job has for growth.
- If you are a necessity person, you are content not to think outside the box. You prefer ...
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