Income Vs Spending

Ok this is going to be the best article of this blog. All of us wonder every day thinking of our income and blaming to the government to retail shops that the income is not enough to live. Including USA this is now becoming globalization with the food price goes up. Now we are going to concider about this matter in deep.

We thought that the income is not increasing with the increasing of living cost. This is more important to those who lives in third world developing countries. But the real problem is not the income, it is the spenditure. The main reason for this problem is our spenditure grows every day and this rate is much higher than the income rate.

More hi-tech gadgets are coming to market and we are moving towards a luxury living even we can not effort. Banks and other financial organizations are helping to move into this living by giving credit cards and other loans. And eventually these businesses are gorwing but we are getting poor every day.

We have to carefully plan and spend our income only for the things that we really need. We have to limit our expectations and try to satisfy with the things that we already own. It is not that hard, now days everything becoming fashion and why not concider this as a fashion also.

Try to save at least something from your earnings and that will ensure you in bad times. You must have a medical insurance. Most important thing is you just have to move towards hi-tech living slowly and balance it with your income.