The rules of micro- necessity are quite the same as the rules of dont’ spend more than you have. In other words, the rules are very simple but hard to follow.

Rule 1: Don’t spend more than you have. As a matter of fact, I’m going to save 40% of my hard-earned money, and the don’ts are no different to the don’ts of marketing on products (don’t buy name brand because you are only paying more for the name itself). Don’t spend when you don’t have the money (that is how you get into bad debt).

Your financial situation is more difficult than you can imagine, and finding the extra money anywhere is hard to do; you need more income coming in. If you have debt this is the thing you will need to work on, your debts reduce, and ultimately pay them off slower.

Rule 2: Don’t over spend often on products or services you don’t need, because as we all know, products work themselves, doesn’t they? Don’t spend more money than you have coming in to improve yourself; you need to enjoy out of your salary. Remember, your primary goal is to enjoy life, not live a struggle, you can do both of the first two rules and save or invest more money than you have coming in to make yourself rich.

Rule 3: Do save for a rainy day, because you never know when you will need it. Most hard working people work hard, spend money on stuff they don’t need to please and impress people they don’t like, and then be forced to do as they do to pay their debts and survive. You have a job, and with that job you have bills, rent, car payments, insurance, food, utilities, the list goes on. So you really can’t depend on someone else to take care of your finances, if there is no money left. A rainy day, maybe if you save money for that day you are still able to meet the needs of yourself and family.

Rule 4: Have resources for emergencies: life will throw the curve balls at us, and we need to be prepared for them. Most of us face them whether or not we are in our vehicles. We don’t forget that we will need money to fix our vehicles, or pay our bills. If you don’t have the money for emergencies, you will be forced to use your credit cards; who wants to do that? So if you have any money stashed for emergencies, you can rely on the money existing in the bank to take care of that emergency. Because we can be hard-put to leave money in the bank if we might need that money tomorrow.

Rule 5: Investing is big time. Most of us are not ready to invest until we have aMajor Problemwe are facing that requires our immediate attention; for then we will have time to research the market and find the best option based on our needs (there are hundreds of options, definitely not all great, some not, worst not, no choices). If you follow Rule 5, it will be too late if you had to invest in a market right now before you need the money.

Rule 6: Don’t spend the money you don’t have. Most of us always find whatever we have around when we are out and about having fun. The problem is that the money we spend is always in the negative (over a hundred dollars and more a day), so as soon as we get the money, we go out and get more money! We buy dumb sh**t with it, things we don’t need to impress others we don’t even care about or like. Where is the sense in that? All that will do is drain your finances and leave you with unnecessary debt and bills to pay. This is not fun for your finances or for your self-esteem!

Rule 7: Your money is your business. Why would you invest your money? If you don’t, who would? Everyone should invest their money and eventually want to get back to earning even more money. If you invest your money, simply put, you are in a business. It is a money-making business where you can have fun while you make a lot of money.

Now that we have looked at some of the basic rules for money and they have been set forth, we now look at the value of money for which we may wish to use it. One hundred dollars is one hundred and fifty cents, five dollars is only five pennies, ten dollars is ten cents, and twenty-five dollars is twenty cents. As you can clearly see the differing amounts of money after we have set forth the rules is drastic,to get there we have to set forth the strict rules to be followed.

Now which rules do you follow in regards to money? Well we have been generous in using the words and so we may get a little off track in explaining the rules. Keep reading and implement the rules and you will have a great time where you purchase those items that this time you really need.

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