Financial planning is based on the simple basic principle of spending less than you receive. Although it seems logical, a lot of people are not able to meet this requirement. They always spend more than their income. The reason is the same. My income is not enough to cover my bills. If your income is small, the solution is not to spend more than what you make. The solution should be to increase your income. You should have a plan on how to increase your income. I know you should ask me the question: how can I increase my income? In my next postings, I will give some tips on how one can increase his or her income.
Watch out for the postings!
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