Why my salary is never enough?

Did you wonder why your salary is never enough? The feeling of frustration every payday when you just received your salary and all were already spent to bills, necessities and you can’t even buy a piece of shirt. To the point you end up questioning yourself why my life suck and why do you always settle for less. Here's the reason why.

1. Underpaid

 

This is the common whim of an ordinary employee, we are underpaid! Well, let's just accept it, nothing is fair in this world. Instead of sulking and giving so much time whining about your boss’s favoritism attitude why not study how to make money outside your workplace. And I’m not just telling you to get a side job but have you ever considered creating a side business. Or try negotiating your boss for a raise if you still want to stay in the corporate ladder.

2. Lifestyle inflation

 

What do you do every time you get a raise? Do you buy that long day-dreamed shoes? The brand new sweater? The nicest gadget in trend? That my friend is a big example of lifestyle inflation.

Every time we get an extra income, our lifestyle tends to upgrade instead of our savings. And after every mindless spending, we tend to complain we always fall short in everything.  Examine yourself, do you tend to buy more wants than getting settled with what you actually need? 

You can actually avoid this, once you get that salary increase, increase your automated savings so you’ll actually get the same amount of money to spend for your necessities.

3. Budget 

 

Budget serves as financial guidelines. No matter how small or big our salary is, if we don’t know how to budget, you’ll always end up with to almost nothing. Without any guideline to follow, we tend to spend more than we can actually afford with our current salary mindlessly.

4. Excessive spending 

 

Money unspent is money saved. Budget and spending always stick together. Without knowing how much is you can afford with your current income, you tend to overspend on unnecessary things, wants instead of your actual necessities. Last thing you know, you haven't paid the bills after you bought a concert ticket, some junk.