Money is a powerful motivator they say. Everyone dreams of being rich or at least richer. But many are those who fall to disgrace because they did not know how to manage their hard-earned money. It takes a right mixture of managing and creative thinking to keep your funds secure and the ROI growing.
You might say this is just another creative way of writing something more on mind mapping, but it really can help you in these bear times. How does some stupid diagramming and note-taking technique help me in managing my money? Well, just try, it doesn’t cost you anything except a little time, but can help in preventing you to have to learn from your own mistakes.
To begin with, while brainstorming your personal or family finances, you can easily represent the key findings graphically in order to visualize income and expense streams. If you have a PC, you can even use some mind mapping software or other, maybe even a web-based mind mapping tool. You will then see your financial data coming to life – you will be able to visualize relationships, proportions, sources, possible rationalizations and other ways in which income and expenses affect each other in your case.
You can keep track of your average salary and the relations to certain expenses you otherwise might not have noticed. With salary centered on the mind map, I noticed I have been spending a lot on cigarettes. Now I started using tobacco instead of buying smokes, and I’m saving a lot of money thanks to the relationship I found while doing a mind map. You could do the same too! Possibly in some other sense or area, but saving nonetheless. Start your mind map now and save up that money!