But, is that the most financially sound action?

[mstakh.i.mom.i]

Who likes to save money when they get a salary , when it's more fun when we can spend the money however we want. Who likes to make a budget and prepare a spending plan , when we can spend as we please. Who would want to learn more about investing when we would rather have fun buying cars, traveling, shopping, and so on? Who likes to work part-time or start a side business , when it's more fun to watch movies, Netflix or just spend time sleeping? We are not lazy. It's just that sometimes we don't have the support, or motivation to act and do the right thing.


For that reason, besides reading financial books to strengthen our knowledge and chinese overseas asia phone number data personal financial management skills, we also need to read books in the motivational genre. But if you find a book that can combine motivational and financial chapters, that's even better. It's like two in one. In the discussion in this chapter, readers will be introduced to ideas that may be contrary to most people's life desires. For example, in the topic of choosing your first car. If we follow our desires, of course we want to buy the most sophisticated and the most powerful car for our first car.


The answer comes down to how much income we have. If our income is indeed high, there is no problem in buying a great car. It is best to choose a car model that suits our income. We try to choose a car that meets the following characteristics: i. The price does not exceed our annual salary ii. The total monthly installment does not exceed 15% or 20% of monthly income What is the rationale? The answer is so that the cost of maintaining this car will not be too burdensome.