A salary earner should take the pain at intervals to monitor his expenditure pattern and consider areas draining his pockets, to do away with them as much as possible. It is also noticed that when plans are made at all, the moment the salary touches the hand, such plans are at best forgotten. The size of a pay packet should not make us discard plans made in the first instance to assist ourselves.
Therefore, while looking forward in earnest towards receiving his net pay, an average salary earner is also aware of the heap of problems/responsibilities awaiting the salary yet to come. The money is grossly insufficient; however, God saves the accounting department if the date of payment is not met. It will be seen as a great disappointment, followed by madam’s nagging at home, the ‘book me down’ seller ready to cause a commotion, and the partial suspension of the facility granted.
The above problem has come to be because we have not actively planned our income allocation. Worse still, when plans are made at all, there is no way we cross-check to find out if the plan would work or not. Moreover, when it is not working, we do not seem to think about other alternatives. It is as if we are at the dead-end of the road. Nevertheless, we should do something.
Yes, when we borrow at a personal level or enjoy interest-free credit facilities like ‘the book me down’ facility, those facilities are not always tension-free. The seemingly free nature only brings tension at the end of every month. As much as possible, we should avoid the idea of spending the salaries before they are received because this can make nonsense of whatever plan we may have.
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