‘You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face. You are able to say to yourself, ‘I lived through this horror. I can take the next thing that comes along.’ ~ Eleanor Roosevelt
‘Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved’ ~ Helen Keller
Being broke is not a funny affair and no one wants to be in that situation. So we all try hard to avoid or prevent it. If you read my previous post on 6 THINGS THAT CAME IN HANDY WHEN I WAS BROKE, then you will understand this post better. From being financially down, below are the six things that I learnt:
1. I learnt to budget better.
I have always tried to budget as I am the type that likes to save money and every cent that I can. However, that phase of being financially down taught me how to budget better and stick to my budget.
2. I learnt to reduce on expenses.
I have reduced our expenses to almost a half since. Gotten rid of all the expenses that we don’t need. I have started focusing more on those that are important, and that we can’t live without.
3. I sharpened my negotiating skills.
I negotiate for everything ever since I could remember. My kid’s dad once made fun of me on this. He said that we would one day walk into a supermarket and I would still negotiate. I never pay for any item or service without asking for a discount. Sticking to one supplier or service provider comes in handy when it comes to negotiating or asking for discounts.
4. I got to experience ‘not having money’.
This experience, which I had not had for a very long time, gave me a wake up call. I realized that we spend too much on things that are not important. It taught and changed me so much. Even when I have money, I continue to live life as if I don’t have much. And this is because I had gotten used to that lifestyle of living from hand to mouth.
5. I discovered a money tracking App and it’s benefits.
I learnt that it’s imperative to track your money. Tracking every coin helps me know when I’m spending money wisely as well as when I’m wasting it. Of course writing it all down was going to be hustle. So I looked for an application to use instead. I got one called finex on Google play store.
With finex, I record my income and every single expense. It shows me how I spend my money daily, weekly or monthly. This really helps me when it comes to creating a budget, deciding on what expense to reduce on and how much to save or invest.
Here are some of the Money Tracking Apps on Google play store. Click on them and decide which one suits you best.
6. I understood more on the importance of giving to the less fortunate.
I grew up knowing that it’s good to share and help the less fortunate. My dad fed several homeless and psychologically challenged people (commonly known as the village mad men/women), daily in the village where I grew up. Since then I knew the importance of sharing/giving to those that don’t have and are incapable of providing for themselves due to unavoidable circumstances.
Then my mum, to this day, still takes time to buy food in bulk and gather clothes for various children homes. She also invests in educating several less fortunate people.
During our financial crisis season, we went to a children’s home before Christmas. Then we held my son’s birthday at a children’s home despite our situation. This gave us so much joy and satisfaction knowing that we have fed a mouth, clothed a child and brightened their day. Keeping in mind that for them, they may be enduring what you might have endured for a short while, on a daily basis.
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