How We Perceive Money
The longer money has been around, the harder it seems it is to understand it. Spiralling debt is now one of the biggest problems for several households in Europe and North America. It is fair to ask, then: where is the proper financial advice and why is it so hard for households to stay out of debt? One personal example will never be quite like the other, but there are always a couple of maxims anyone can follow, or at least, try to live by. Understanding how money works and why it exists is something everyone should strive for. Frugality is a tough term to describe but can always be considered a starting point. Some define it as trying to live with as little as possible and making as many cuts as they can, while others define it just as spending a little part of your income. Obviously, if you have an income of 5000€ per month, then frugality shouldn’t be hard to come by. Personally, I would describe frugality as spending just what is in fact needed. By needed, I am including ...