More often than not, the average salary earner garners
just enough money to support and be on a break even
with the numerous bills and fees presented to him.
There is a common misconception of having to manage
money with a tight budget in terms of being given the
image of incapacity or lack of capability. However, in
an optimistic point of view, having to manage money
with a tight budget actually brings out the good
qualities that a human being has in order to survive
and exist in harmony with the demands of society. This
only requires self reflection and responsibility to
focus on the self needs and thinking.
Tight Means Availability
Having a tight budget would mean that we are able to
discern what things are available to us and also
allows us to properly identify and rank the things we
need instead of what we want. In addition to that, we
are able to choose and deliberate on the better
benefits that we would be getting from choosing a
better alternative than the one we would normally
want.
The resources and basic needs of a person are already
available in the society. Even as simple as the simple
grocery items that we need for the maintenance of our
homes are marketed in different brands and their
respective offers. All we have to do is know and
understand the fine printing of each product and know
what we really need at the right time.
Tight Means Better Responsibility
Having to deliberate on the hierarchy of needs we
should be spending our hard earned money brings out
and develops our sense of responsibility. This
responsibility ranges from the actual management of
money for needs rather than wants, and also applies to
the choices that we make to manage our existence. We
are also developed into thinking what we have to do at
certain stimuli presented to us. In this aspect we
learn to juggle and balance a very complex management
system and practice perfection and efficiency from
within.
Tight Means Better Management Practice
Being able to practice proper management would
definitely bring about a more efficient means of
existing without much problems of having to look after
things other than what we expected. For example, a
credit card should be used to acquire things that are
not accessible for normal acquisition or when an
emergency is at hand. Still, having this power to have
advanced “money” in form of a loan does not mean that
we should be using it as normal as if we had the
actual money. Remember that this is borrowed money and
therefore should be paid back. That is why sometimes a
credit card is better left at home to lessen the
chances of mismanaging money due to a subconscious
thought that we are able to bend our budgeting anyway.
Tight Means A Means For Proactive Goal Setting
Human nature dictates that when provoked, a human
fights back. This is a common and usual occurrence for
any aspect that deals with human existence, including
managing money for survival and living. When a human
is presented with a tight budget, he is presented with
a limitation that restricts his freedom. A normal
response would be that the person finds ways in which
to ease up a little bit of restriction one step at a
time. This should ideally be the flow of thinking of
proactive goal setting.
Have a plan of projecting yourself several years in
the future and look at what you want and need, and
plan ahead. This also includes having to find ways of
earning a bit more to add to the efficiency of
productivity over time. Remember that the way to
manage money with a tight budget is to look at it as a
stepping stone to look for greener pastures, not as a
wall to block your aspirations.
