2021 is about to end and we feel happy in informing you that WIO AI has helped many people in getting goal-oriented and becoming a smart spenders. As we approach 2022 in a couple of hours, we thought what could be better to write than about smart shopping in 2022. Due to this recent new strain of virus, omicron, holiday travel went down significantly, but retail shopping went up whoppingly. If you feel you have poor spending habits then do check our earlier blog How to Change Your Spending Habits. You can start with smart shopping in 2022 as under:
1. Setting Goals
Okay, so buying a car or owning a house are nice goals, but start the year with setting some short life goals such as skill development, getting fit, traveling, etc. Setting goals is the first step towards becoming a smart shopper as then you would not spend on purchasing unnecessary things. Do check our earlier blog Goals for Growth. Also, we at WIOAI will release our pilot version in the coming year that will help you in setting goals and getting the most value for your hard-earned money.
2. Setting Budget
Now that you have set your goals, it’s time you set a budget for spending for those goals. Keep aside a certain amount for spending on necessary things, and likewise a separate budget for fulfilling each goal. These days several budget apps are out there that assist you in keeping a track of your expenses. Do check our earlier blog How to Not Run in Debt.
3. Getting Smart
Spending money is cool when you are getting it flowing in every month. Therefore, spending money is okay, but make a room for investing some too. Investing has a simple formula, the sooner you start investing, the sooner you get the return for the same. In the 21st century, you should focus on becoming a smart spender and an investor. Do check our earlier blog Savings and Wealth Creation Go Hand-in-hand.
Here’s a short year-ending poem for you:
Hey, You! Hey, You!
2021 is almost over and 2022 is almost here,
A year-ending advice: Spend your money with care,
Set some goals and set a budget,
Unnecessary spending: Just cut it,
Get smart with coming year,
WIOAI is coming soon, our dear.
At the end of this blog, we wish you all a very happy new year and we wish that 2022 gets better for all of us. If you found this blog to be helpful, do share it with someone who spends money on purchasing unnecessary things. Also, subscribe WIOAI if you haven’t yet and get WIOCOINs.