6 Money Facts for New Salaried Professionals
2. Treat your cash as a limited resource
Learn to treat your cash as a limited resource and remember you have to use it for multiple purposes. Spending brings happiness along with it, and independence of financial decision gives everyone a high, but don’t forget that your cash has alternative use also. So make sure you always limit your cash for various situations and allocate it accordingly.
But being too conservative can make you worry as you are not enjoying your earning and spending too wisely may lead you to guilt of not being careful with money. So a simpler way to deal with the problem is that make a budget according to your monthly income. This will give you a clear idea of how and where to allocate your money.
