Myself being someone, who probably ain't good at savings. I work for a government organization. The salary I get is low. I have to somehow to fit myself in with this salary.
Inflation rose very high in recent years which sort of made things tough. Not only for me but I guess for many other people as well. I had to take loan in order to meet my expenses.
I didn't know how I was going into loans, as before, I had other expenses as well but I would not go into loans that often. One of the reason could be the rise of inflation in recent months plus probably a few other expenses.
So far for the month of March, I haven't yet taken loan thankfully. And this is probably because having myself sort of restricted from incurring a few extra expenses.
Source: Harvard Business Review
But What Were Those Expenses?
I am not really sure but I guess most part of my salary would go into buying stuff to eat. I am talking about the wants not the needs.
I feel like I have sort of restricted myself from buying stuff that I want or wanted before, that's why I didn't get a loan thankfully this month.
I don't have any savings from salary. I don't know but it seems impossible for me to save some money from my salary.
The only thing I am relying for my savings is earnings from Hive. I don't earn much from Hive but whatever little amount I could add to my portfolio matters.
Controlling My Wants
I guess if I could work on controlling my wants a little more, I could also start saving a little as well from my salary. I know that could tough and boring, but with consistency I could make something out of it.
The point is, if I could work on my extra costs and those cost leakages, why can't you?
If I could make $100 a month from Hive, that would of some good help to me in terms of my savings. Hive could be sort of a side hustle for me if on average I could make $100 a month from here.
Hive is something which could give me the liberty of saving while using my salary for my expenses (which I hope that I could also save some from salary cutting some of my extra expenses or you can say the WANTS).
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