Manage Money Without Depriving: Best way to Manage Money

It is a fact that there would always be a system
wherein we will not be getting everything we want
because of financial limitations. In short, we cannot
have everything at the instant we would want it. There
would have to be planning or if not, some careful
deliberation about whether we would be getting the
item we want or not. This is because sooner or later,
finances would always fall short of the expenses. That
is why we manage our money and budget for the things
that we would want to acquire. Nevertheless, when we
manage money without depriving, we would want to be
able to enjoy a certain degree of satisfaction and
fulfillment without compromising our savings.

Deprivation would mean curtailing our freedom to the
point of not being able to enjoy some of our hard
earned resources. Though it is an irony in itself that
we are already limited with finances and yet would not
want to be deprived, a balance of enjoyment and
requirement is what dictates the existence of
deprivation if ever.

Earn More

One of the most common means of people to raise the
level of financial freedom is to earn more by working
more. However, this is limited with the many social
factors which include degree of educational
attainment, time, job availability, and more often
than not, personal accomplishments.

Some may get lucky to be in the lighter side of
personal assessment by the human resource personnel
and be accepted for a job despite the incomplete
compliance of requirements. There are also some who,
despite their educational attainment and personal
socio-civic accomplishments, are still not able to
land a job they desire due to a personal prerogative
of the recruiter to not accept the applicant.

What this presents is a semi-random chance of a person
to fully comply with all the factors which constitutes
landing of another job than the current one. Save More

A classic means of how to manage money without
depriving is to focus on saving the excess money that
flows in the household after deducting all the other
monthly expenses and bills. Saving money definitely
means having money when the need for an important
expense is required.

Saving more would merit to having more extra cash, but
also poses a paradox in itself in a way that when you
save money, you are already keeping that for something
projected as an event that could happen. In this
manner, there would be a difficulty in using that fund
intended for an important thing to be spent on
something that would just be for leisure and
satisfaction.

Learn To Be Content

The degree of limitation and deprivation on a person’s
financial resources is dictated by the personal level
of satisfaction. A person’s idea of contentment is the
same as his perception on what he needs and wants. A
person who is “want” oriented will always be seeking
for things that may already be unattainable at the
current financial level, and would feel deprived of
such. On the other hand, a person who is “need”
oriented would be able to do away with leisure and may
also feel deprived deep inside of finer things that
may have been acquired.

The key to manage money without depriving is to learn
to already accept what is possible to be attained and
work from there. If there is a rather unattainable
thing to spend money on, then that is the time the
person should plan and think about the means to reach
that and make that attainable.