Hello Hive Fam
Good day to you all, and I hope you're having a good time wherever you are.
Today is the last day of September, and September is almost over, post which we are left with 3 months in the current year 2026. It looks like the time is flying because now we are almost at the last quarter of the year, and these three months will also be gone faster. The crypto market is somewhere in between, where things are not bullish but also not so much bearish at the same time.
image by ai
With the start of new months, there are many things to be done, like paying credit card bills and EMIs, along with many other monthly commitments. With the start of every month, salary is credited into the bank account, but before that happens, some bank EMIs are already there, and also some bills are waiting for the salary credit. Once that is done, then the bill payment cycle starts.
By the time the first week of the month is gone, the bank balance is not high because most of the money has gone into EMIs and bill payment. By mid-month, the bank is not showing any decent balance, and now most of the things will be happening on the credit card.
This was my life until a few years back, but now I'm trying to manage my finances in a way that I do not want to add any more EMIs. However, I had one new EMI last year because I purchased a car. The car MI, for me, is not a big amount, which is why I just kept it on the lower side. I could have purchased that car in cash, but I did not do it because I thought it is a good idea to keep the money in the bank rather than spending it all to buy a car.
The story I shared above is happening with most of my colleagues, and until a few years back, I was also in the same boat. But after making some significant changes to my lifestyle and spending pattern, things have improved for me. To be honest, I really don't want to go back into that trap again! Every month, I save some money, and I invest some money in different instruments, which I hope will grow over time. Investing is important, and whatever EMIs I have are also not really high because I can manage it. It's just that I do not want to spend money from my bank account, so I'm keeping them. Again, all those commitments are much lower for me and easily manageable. Thank you.
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