How can you save money when you barely make enough money to cover bills without getting another job.?
I know many people who claim to be hard up and yet they earn more money than me. They borrow from me because they run out of money!! How can it be when they have a smaller family, less bills, no car to run, ect ect? Well, I figure that the facts are they buy DVD's, CD's, eat out regularly, go cinema play bowls, go drinking and clubbing weekly. I don't do these things except very rarely as a treat. Maybe to some that means not much of a life, but to me it is the difference between having enough money to last the month and not having it. Simple!
Do lawyers make enough money?
Lawyers are like engineers in the sense that they help their clients to craft a solution to their problems, some of which are harder than others, and some lawyers are better at it than others. I know lawyers who can charge over $600 an hour for just sitting in on a meeting, monitoring for mistakes; not saying a word. I know others who work for "less than minimum wage" trying to help innocent people stay out of prison. Patent attorneys have a saying, "if it were easy, anyone could do it; that's why we make the big bucks."
Why does it always feel like you will never make enough money?
Because people always accumulate more things that they have to pay for the more money they make. Think about it, if you made $2000 a month and all your expenses came up to $1900 you're not going to purchase anything new because you only have $100 left over until next month which can't go very far.Now say you get a promotion and now your making $2900 a month. At first, your expenses are still $1900 so that means you now have $1000 left over after you paid all your expenses.Then this thing happens where what we had is no longer good enough. It's psychological. Now you tell yourself that because your paid off Honda is 10 years old and is starting to give MINOR issues you now need to buy a new one. You think about what car to buy. You think about the extra $1000 a month you have left over and say to yourself I always wanted a BMW. You go to the dealership and they tell you the payments will be $400 a month you think this is great you will still have $600 left over after the payments so you purchase the car. Then your insurance goes up as well an extra $100 but you still have $500 left over.You look around your house and see how shabby your furniture is so now you decide to purchase new furniture. You use credit since it's no interest for 2 years and your payments are $150 a month. No big deal because you have $500 left over. Which leaves you with $350 a month.These scenarios keep happening until you are right back to having $100 a month after all your expenses. It's funny how we NEED things once we make more money but were satisfied with these things when we couldn't afford better.The key is to be mindful when you make more money. Ask yourself do you really need that new car right now or can you wait save some money and buy a new one cash? Being mindful will help you do better things with your money like being able to save and invest to get even more money.My favorite thing is to take any extra money I get and use it to make more money. I acquire assests.