Marie Kondo It is known for its method of organization based only on hiding what is. “awaken joy”. Although the focus is primarily on home organization, its principles can easily be applied to home organization as well. personal finance. Here’s how you can use it: The KonMari method for getting your finances in order.
Marie Kondo’s savings method
Before you start decluttering, Marie Kondo suggests: Visualize the kind of life you want to live. In financial terms this means: Be clear about what your goals are. This could be buying a home, traveling, retirement, or simply living debt-free.
Just as Kondo recommends grouping all similar items together before deciding what to keep, do the same with your finances. Collect all your bank statementsbills, loans, investments and other financial documents.
Review each expense and consider whether it truly brings you value or “joy”. If not, consider eliminating or reducing it. This may include unnecessary expenses, subscriptions you no longer use, or other expenses that don’t contribute to your financial goals.
If you have debts, settle them. Decide which one you will pay first, the one with the highest interest rate or the one with the lowest amount. Set a payment plan and stick to it.
Just like the items in your home Every expense should have a “place”. This means dividing your expenses into categories and assigning a specific budget to each category.
Once you’ve got your finances in order, it’s crucial to keep them that way. This requires following a system or routine such as: Review your expenses weekly or monthly and adjust as necessary.
Marie Kondo emphasizes the importance of thanking objects for their services before getting rid of them. Similarly, it is important to be grateful for what you have and to be aware of the importance of every expense or investment in your life.
With the money you save by eliminating unnecessary expenses, Invest in things that will truly make you happy. or get you closer to your financial goals.
As in every aspect of life, financial education is very important. Take time to learn about personal financeinvestments and other related topics to help you make informed decisions.
Life circumstances change, and what once brought you “joy” may not bring you the same later. Review your financial situation regularly and make adjustments as necessary to ensure they remain aligned with your goals and values.
Apply the KonMari method to your personal finances Achieving financial clarity can be a refreshing and effective approach to reducing stress and working toward your financial goals.
Source: Informacion
James Sean is a writer for “Social Bites”. He covers a wide range of topics, bringing the latest news and developments to his readers. With a keen sense of what’s important and a passion for writing, James delivers unique and insightful articles that keep his readers informed and engaged.