1. Do not underestimate saving or investment.
Salary increases provide an opportunity for increased savings or investment, but many of you do not care about it. There, you are eager to spend it. In order to avoid lifestyle inflation, you should make sure to set aside money early for saving or investment once the salary has been paid. Starting money market mutual fund investments with minimal risk, but higher yields from savings and deposits, need to start early.
2. Allocate money appropriately.
Re-organizing and allocating money appropriately after up salary is highly recommended. The key to avoid lifestyle inflation, which you should be consistent with the planning or allocation that has been made. The best budgeting is if you can count any increment.
3. Live according to ability.
Salary increases should not alter the principle of life that must be in accordance with the ability. No matter how high your salary is, but if it is bigger than a stake, that means our lifestyle is below our means. Can-can, you will instead dig a hole lid of a hole.
4. Must be able to hold back.
Refraining from being a consumerist and a hedonist requires an easy struggle. It's no secret, someone who suddenly has extra money, usually tends to be tempted and tempted. Moreover, after being praised.
5. Do not forget to keep it simple.
Increased life is coveted many of you. Way not? Staying simple and not drastically changing our lifestyle, but having unexpected savings and investments?
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It is all about entrepreneurs; what you are doing, believe in and what difference you are making in the world.
Here is the playlist: https://www.youtube.com/playlist?list=PL5CpCNPna6p95oJfKPew0N3ZT0k-khdgg
It is audio only over skype. Does this sound of interest to you?