External Limitations & Financial Clarity

Gaining financial freedom building from scratch comes with a lot of external limitations and also having financial clarity. Lots of people lack financial clarity, this is because of the fear they have towards facing the truth of their finances. Growing up, they said, if you want to manage money very well, you should budget, the reason you should budget is to give you financial clarity towards the external limitations you have. If you live in a world where credit cards are mostly used, you have to make sure you don’t ruin yourself, so getting financial clarity is the way. What are some of these financial clarities? Knowing how much tax you owe, knowing how much you pay for your bills.

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If you pay your tax, pay your bills, and make sure you don’t over spend all your earnings on bills, then you should be financially clear to face external limitations. Financial limitations are those things you can’t afford but hope to afford them, those things you wish to have but can’t afford them. Sometimes we can’t afford some certain things until we get financial clarities, you don’t want to go spend all your money on shooing spree, only to find out you owe a lot in tax or have a pile of unpaid bills.

Financial clarity is the most important thing to do, but this means that we have to create some certain internal boundaries before we can gain that. For instance, everyone wants to go to that expensive fancy restaurant and treat theirselves nice and buy that expensive stake and feel good, but they can’t afford it because of the bills and tax they have to pay. If you are not getting clarity about your finances, how would you know what type of external limitations you have there. So in a nutshell, this post is just telling you to pay up your bills and taxes so you don’t go owing a lot and have some anxiety. Pay up your tax and bills, know how much you have and worth before enjoying yourself.

Posted Using InLeo Alpha