We should all learn that your life can take it in the same way that a company is run, so that we can have control over it.
Now, what do I mean by this? If we look closely, our life can go in parallel with a company. For example: When a company starts producing, it will have a certain date to see the profit of that production. Of course, the profit is that part that remains, after taking out the necessary expenses to produce again, such as investing in raw materials, employee payments, taxes, material necessary for production (which are not the raw material), etc., these expenses will always vary, depending on the type of company that is.
With our life something very similar happens, most of us have a monthly, biweekly or weekly income; In any case, we can see the profit at the end of the month, since it is the moment when we finish making all the necessary expenses, such as: rent payments, service expenses, insurance payments, food, tickets, personal products, etc. .
Expenses evaluation: as in a company, we must evaluate in a whole month what our expenses are. Then we try to answer this question, both for the commercial plan and for the staff:
How much is necessary to produce X quantity in a month? What, in our case, would be: how much money do I need to be able to pay X per month?
Then, it is necessary to extract the total sum of the basic expenses, which we must replace to our monthly income to obtain the total benefit. Following this basic equation: Monthly income (which earns a lot after working) - Basic expenses (personal expenses, electricity services, water, etc., insurance, among others) = Total profits
Verify the factors that generate the loss. But what are these factors? The factors that generate losses are all those unnecessary things in which we sometimes spend a lot of money, which logically makes our profits decrease.
Finally, it is necessary to give a destination or an end to our profits. This means that everything we work in a month, should be rewarded with something we want.
These are all basic points for the business world, which maybe if we try a little, it may improve our personal income. And with a little effort, I refer to the fact that sometimes we have to make certain sacrifices, such as stop spending so much on that ice cream that you buy daily, to start buying it once a week, because you want to go on a trip or you want to save to buy a house. Or if you already have the house, to furnish it and so on. It is also necessary to look to the future, because we know that life is hard and eventualities may occur, either for you or for a family member and it is necessary to make an expense for health reasons or other eventuality.
Anyway, I hope this series of tips or tips will help you to improve your financial life. It is something that they can use both in income from a job or with this page.
Before buying something, you must ask yourself what you need and if this would change your life to do it.
