Financial conditions are very much determined by the decisions taken in the present. Surely no one can know what will happen in the future, maybe you suddenly get a raise in salary, or the price of goods needs are increasing. This uncertainty must be accompanied by a decision on a good financial attitude. Although it sounds easy, saving is often overlooked and not done for various reasons, some do not have funds that can be set aside, some are not used to it. Though the earlier you start the habit of saving, the more the accumulated amount of savings you will get. One way that you can do so that you have residual income is to save expenses. Then allocate that income correctly and effectively, right when you get it. Do not wait until the funds have been reduced. Prioritize needs according to the period and the nominal amount needed.

Debt is one of the factors that make financial conditions unhealthy. Debt can usually accumulate from failure or late payment of credit installments, for example, Mortgage or credit cards. Because the loan interest charged by the bank is quite large, you will accumulate debt. It’s best to pay off debt little by little, and start from the debt with the highest repayments. The reason, by paying off the debt that has the highest interest, you will have more budget that can be used to pay debts at a lower nominal value. After successfully repaying the debt, remember to always pay no later than the due date.

Saving habits are a good thing, but even better if you can invest. Investment is needed to prevent money from being consumed by inflation. With the investment, this will not happen because the purpose of investment is to make a profit so that you can double the funds you have. There are several examples of investments including gold investment, property, stocks, bonds, mutual funds, and others. These investments are different from each other and have various levels of risk where the higher the risk, the higher the benefits that may be obtained. Besides, you also have to adjust investment with investment objectives. If your goal is a short-term goal, then you must choose a short-term investment and vice versa.