In my 40 plus years of working life I've always found managing my money to be most challenging. I learnt that in order to be on top of things it was necessary to get one thing fundamentally right in the first place - wants and needs.
Basically the difference between a want and a need is this - Ask yourself before buying something - do I really this? Would I die or get into serious difficulty if I didn't have this?
Take the example of our trusted companion - the mobile phone. Many of us would want the latest model - better camera, more efficient battery, sharper screen resolution and so on.
But, do we really need to get the latest model? What's so wrong about your present phone? Does it work? Are you able to do the things you normally do on it?
So unless you have a model that's, say 5 years old and your battery is getting weaker by the day and it keeps crashing on you when you need to so something important, don't buy a new one! Or at least postpone the purchase until you're sure your country is in better times.
I don't think we need reminding that times are tough now and every cent may count if this pandemic continues.
Another example is clothing - do we really need that new blouse or shirt? After all, a lot of us would be working from home and unless you're a television presenter, who would see what we're wearing?
Since you probably have more time on your hands right now, why now dig up your wardrobe to find something we've not worn for a long time? Chances are, your friends would think it's brand new!
Other examples are groceries and cosmetics- generic brands can be just as good. Blind tests have show a lot of people can't tell the difference between the two!
And the list can go on and on. So in order to save a good bit of money, always ask yourself whether something is a need or want.

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