Our ways of consuming energy are totally inefficient. Currently I'm residing in Jakarta and the type of the huge CC family cars and continuous traffic jam are burning unmercifully the hydrocarbon resources in this country.
I can realize at the personal level how the traffic jammed days are consuming considerably more fuels from my budget and my fuel consumption. Multiply that by the thousands and millions of vehicles running in the streets and you will realize the immense losses facing this country.
Serious efforts should be implemented to address this problem.
If we see the energy intensity factors which is estimating the energy consumption per each 1% of GDP we will see that the majority of the countries of the world including China and India are consuming more energy to sustain their GDP's which is clear indication of the inefficient utilization of the energy in their manufacturing facilities and their production plants.
Investors and countries are spending billions of dollars to explore and produce hydrocarbons. I strongly believe that each dollar allocated for the exploration and production of oil. has to have another dollar allocated for the energy saving and the improvement of the efficient energy consumption.
City like Jakarta should have urgent plans for more efficient and reliable mass transportation means in addition to the national plans for raising the petroleum production.
The all energy consumption sources starting from the household equipments, fertilizers, cement factories, transportation should be urgently and seriously addressed.
More intelligent controls on the energy should be innovated for the street lights and the household equipments, air conditioning, and so on.
Because of the nature of my job I've seen the energy policy in the majority of the world are semi blinded and focusing only on the increasing of the power and energy without equal attention to the efficient utilization of the energy.
World leaders have to give the good and applicable example by holding their conferences as video conferences instead of gathering hundreds of audience in their conferences.
Holding conference about the world climate and the energy through the traditional conference is a sort of hypocrisy.
Incentives should be set for the virtual offices and the tele-workers to encourage the virtual offices and the business management through the internet.
So may business activities can be run through the internet. We need to urge and encourage the people to go ahead and new business protocols can be established to manage and control the businesses.
Saturday, 25 September 2010
Monday, 20 September 2010
Post-it notes on my mobile is really helpful
Since 4 years ago I was using the post-it notes on my mobile. Writing down notes on my mobile and previously on my Outlook notes was a routine practice for me where it helps me to remember all these scattered to-do tasks. I found that whenever I don't write down what I want to do I will simply forget totally to do it or I will remember it accidentally and usually very late.
One of the valuable benefits for recording the notes is the capturing of the new ideas.
Sometimes a new idea is popping in my head at certain time and I want to experiment it in my life, the instantly record it and later I will try it and see how it works.
The another value as I said is the reminding of chasing things in my life up to the highest details.
The another amazing value of this practice, it has managed to do a full transitioning of me by transforming me from a person who doesn't pay adequate attention to the details and the improper managing of the tasks in my life to a person who chase each single small tiny bit in his life and pay full attention to the microscopic details of what he is doing.
The impact on my life was totally positive where my life was improving continuously because of implementing my notes in timely basis and I reduced the missing of the deadlines and the consequences of forgetting the things which should be done.
Implementing the new ideas as well give me sense of creativity in my life and my life style was improving continuously and gradually.
This by itself was very valuable gain to see that my recorded notes are rewarding when I implemented them.
The conclusion I've definitely after these years is; the more notes to be recorded and the more ideas to be stored and the more micro-detailing and breaking down of my life to these small tasks as notes, and the more active and energetic approach to execute these notes, the more improvement I will gain.
I will increase the frequency of this practice and I will capture each idea. I've seen already how the good and sometimes innovative ideas and not wasted by this way by they are born to life by recording and executing them.
My only problem left to be solved now is putting these long lists of notes in a useful contexts. Meaning that I want to put them in space, time and classification contexts. If I will go somewhere where I can do couple of related to-do notes then I want to see that in my notes list. I want to schedule them also in my calendar and my task manager. I want to categorize the all shopping notes in a shopping list.
As I said I will more productive in my notes.
The another challenge I've notes scattered in many place. The most used ones are in my cell phone, but I've in my Gmail and My Yahoo and Outlook Notes.
How can I arrange this mess.
Some of these notes are staying for a long time without progress. I need to change my way of handling them by breaking down them to more affordable tasks.
I'm using basically the hand writing in my cell phone to quickly capture the notes.
whatever comes to my mind, has to be recorded in the notes. This practice has activated also my mind and turned me to person who care about solving his problems and improving his life. My mind was becoming more focused and sharp in addressing my life's staff.
The very small tasks and reminders have a place in this Notes like I want to buy this X on the way to home.
When I was revising from these notes to see what was already done to be deleted and what left to be done I was so satisfied to see that many of what I've done was the result of these ideas and the idea has come at one of these days and I recorded it and reviewing my notes reminded me with it and I've done and now I'm gaining its fruits.
How the creative ideas pushed to life and impacted positively the life was done through this practice.
I started also the voice recording of the notes. It's not yet quite effective but I will trying it also till it gives me its rewards.
One of the valuable benefits for recording the notes is the capturing of the new ideas.
Sometimes a new idea is popping in my head at certain time and I want to experiment it in my life, the instantly record it and later I will try it and see how it works.
The another value as I said is the reminding of chasing things in my life up to the highest details.
The another amazing value of this practice, it has managed to do a full transitioning of me by transforming me from a person who doesn't pay adequate attention to the details and the improper managing of the tasks in my life to a person who chase each single small tiny bit in his life and pay full attention to the microscopic details of what he is doing.
The impact on my life was totally positive where my life was improving continuously because of implementing my notes in timely basis and I reduced the missing of the deadlines and the consequences of forgetting the things which should be done.
Implementing the new ideas as well give me sense of creativity in my life and my life style was improving continuously and gradually.
This by itself was very valuable gain to see that my recorded notes are rewarding when I implemented them.
The conclusion I've definitely after these years is; the more notes to be recorded and the more ideas to be stored and the more micro-detailing and breaking down of my life to these small tasks as notes, and the more active and energetic approach to execute these notes, the more improvement I will gain.
I will increase the frequency of this practice and I will capture each idea. I've seen already how the good and sometimes innovative ideas and not wasted by this way by they are born to life by recording and executing them.
My only problem left to be solved now is putting these long lists of notes in a useful contexts. Meaning that I want to put them in space, time and classification contexts. If I will go somewhere where I can do couple of related to-do notes then I want to see that in my notes list. I want to schedule them also in my calendar and my task manager. I want to categorize the all shopping notes in a shopping list.
As I said I will more productive in my notes.
The another challenge I've notes scattered in many place. The most used ones are in my cell phone, but I've in my Gmail and My Yahoo and Outlook Notes.
How can I arrange this mess.
Some of these notes are staying for a long time without progress. I need to change my way of handling them by breaking down them to more affordable tasks.
I'm using basically the hand writing in my cell phone to quickly capture the notes.
whatever comes to my mind, has to be recorded in the notes. This practice has activated also my mind and turned me to person who care about solving his problems and improving his life. My mind was becoming more focused and sharp in addressing my life's staff.
The very small tasks and reminders have a place in this Notes like I want to buy this X on the way to home.
When I was revising from these notes to see what was already done to be deleted and what left to be done I was so satisfied to see that many of what I've done was the result of these ideas and the idea has come at one of these days and I recorded it and reviewing my notes reminded me with it and I've done and now I'm gaining its fruits.
How the creative ideas pushed to life and impacted positively the life was done through this practice.
I started also the voice recording of the notes. It's not yet quite effective but I will trying it also till it gives me its rewards.
Saturday, 18 September 2010
Effective utilization of the technology in the business - 1
I strongly believe that technology can significantly ease our life and empower our businesses and boost them to unprecedented levels. Business intelligence is a huge domain and full of applications and resources to facilitate the business systems and processes.
The transition from the traditional business systems and processes to business intelligence is full of challenges should be properly addressed to effectively implement it in the quickest way and in the most efficient way without disrupting the business.
The weakest point in the implementation process is the people. People are resistive to the new technology by their nature and they always receive it as extra work or unnecessary effort.
Because of the nature of my business I dealt with different type of companies ranging from the small size to mega-cap corporate and from local to international.
The overwhelming majority of them were following traditional and bureaucratic methods in managing their business processes either fully or partially.
The room of improving their out-dated methods is huge.
The following short story of my last incident may explain further how the businesses in general still resistive and not fully adopted to embrace totally the technology
I was requested by my manager to travel to another remote location to replace temporarily the assigned person there.
As part of the process, there was two days of handover followed by the main assignment and there were two days-off in between.
I went there as planned and what I've found that there is not major subjects really to be covered in the handover period.
Meaning that what the information supposed to be passed during this period can be easily tele-communicated and the physical presence didn't add any value to this communication process.
So why that didn't happen? Definitely it is all about the people who are managing the process where they don't believe that technology can be efficient alternative of the traditional handover methods.
They still believe that technology is not fully reliable and counting on it in a sensitive subject my expose the business to unnecessary risk so their cost-benefit analysis justify the providing of the all logistics required for mobilizing a person to this remote location which include 4 hotel nights and flight tickets for two persons!!!.
This was just a single incident representing a small sample of what's going on continually in many organizations.
I know a certain company where each couple of months they were sending a complete team from north America to investigate a set of data. Was the technology not available for the remote accessibility? It was there for providing complete reliable remote accessibility to the data.
Technology was available also to save the cost spent on physically mobilizing the people in my case. Video conference and broad bandwidth are all what we need to run the handover process properly!!.
The transition from the traditional business systems and processes to business intelligence is full of challenges should be properly addressed to effectively implement it in the quickest way and in the most efficient way without disrupting the business.
The weakest point in the implementation process is the people. People are resistive to the new technology by their nature and they always receive it as extra work or unnecessary effort.
Because of the nature of my business I dealt with different type of companies ranging from the small size to mega-cap corporate and from local to international.
The overwhelming majority of them were following traditional and bureaucratic methods in managing their business processes either fully or partially.
The room of improving their out-dated methods is huge.
The following short story of my last incident may explain further how the businesses in general still resistive and not fully adopted to embrace totally the technology
I was requested by my manager to travel to another remote location to replace temporarily the assigned person there.
As part of the process, there was two days of handover followed by the main assignment and there were two days-off in between.
I went there as planned and what I've found that there is not major subjects really to be covered in the handover period.
Meaning that what the information supposed to be passed during this period can be easily tele-communicated and the physical presence didn't add any value to this communication process.
So why that didn't happen? Definitely it is all about the people who are managing the process where they don't believe that technology can be efficient alternative of the traditional handover methods.
They still believe that technology is not fully reliable and counting on it in a sensitive subject my expose the business to unnecessary risk so their cost-benefit analysis justify the providing of the all logistics required for mobilizing a person to this remote location which include 4 hotel nights and flight tickets for two persons!!!.
This was just a single incident representing a small sample of what's going on continually in many organizations.
I know a certain company where each couple of months they were sending a complete team from north America to investigate a set of data. Was the technology not available for the remote accessibility? It was there for providing complete reliable remote accessibility to the data.
Technology was available also to save the cost spent on physically mobilizing the people in my case. Video conference and broad bandwidth are all what we need to run the handover process properly!!.
Tracking my personal finances is becoming my daily routine
I managed to convert the tracking of my personal finances to a daily routine. Everyday I'm improving the efficiency and the accuracy of my spreadsheets to be more reliable and everyday I'm gaining more knowledge and experience about the personal finances. It's becoming a daily habit to track my online banking accounts, my budget spreadsheet, and my asset spreadsheet and to know exactly my net worth after deducing my credit balance.
Time spent on it is decreasing day by day and everyday I learn new trick in Excel to automate the spreadsheets and to reduce the manual update.
It's not fully auto-piloted but everyday I find a way to fill one of the cells automatically instead of manually updating it.
I've found recently a way also to calculate my expenses for each category instead of doing that manually. All I need at this stage is just to type symbol representing the type of the item and one of Excel functions will automatically calculate the expense for each category.
I decided to focus more on the gross expenses at this stage and later the detailed budget spreadsheet will come by the gradual improving of my tracking.
Time spent on it is decreasing day by day and everyday I learn new trick in Excel to automate the spreadsheets and to reduce the manual update.
It's not fully auto-piloted but everyday I find a way to fill one of the cells automatically instead of manually updating it.
I've found recently a way also to calculate my expenses for each category instead of doing that manually. All I need at this stage is just to type symbol representing the type of the item and one of Excel functions will automatically calculate the expense for each category.
I decided to focus more on the gross expenses at this stage and later the detailed budget spreadsheet will come by the gradual improving of my tracking.
Friday, 10 September 2010
Technical and scientific journaling
I've developed this routine in my career since two years. I'm journaling my technical and scientific notes. This work has developed my understanding about my technical domain and empowered my technical knowledge in my work domain. It has developed also curious spirit about the science behind my technical domain and to get in-depth understanding.
It has developed the deep thinking skills and the logical deduction of the fundamentals and the reasoning.
the value and quality of these notes are ranging from just recalling of the new technical information I gained through the day or the week to really creative and innovative ideas but whatever the level of my notes, I'm appreciating them where all are valuable for me.
This routine has triggered my mind to brainstorm always about the technical problems and to solve them and to collect the scientific facts about them piece by piece.
This trigger is ignited by the work tasks and the new information where these are my ammunition and materials for thinking.
I need to feed my mind with them to think.
This work has developed also a very precise investigation of my technical domain and the desire to understand the details and the fundamentals about it and the desire to digest these fundamentals.
This desire of the in-depth thinking is developing gradually avenues and desire of scientific research and curious mind to understand deeper the science behind these technical domains.
All these were totally drastic change on my way of working and full transition from the shallow engagement to the applied science domain and to the working researcher and working scientist attitude.
It has contributed significantly in my technical competency skills which was reflected positively on the others' evaluation of me.
all my effort in this technical journaling was directly rewarding.
I was becoming day after day smarter in my work and more accurate in my understanding about the smallest things in my technical domain.
I was becoming more and more experience to explore and to discover the scientific fundamentals and the technical fundamentals and the technological innovations.
I will intensify this routine by carrying handy block-note with me to increase and deepen this habit.
I was cease each chance to brainstorm my mind and to produce more and more notes and ideas.
I will expose more and more myself to technical events to feed my mind with the materials of thinking.
Each moment I was discovering new inch in the world of science and discovery and my understanding was getting a bit better and better toward the scientific truth.
Because of the other interests in my life this routine was affected by reducing the assigned time and the lack of ideas to trigger my mind to by active in the thinking of my technical domain.
I will recover again the previous levels of my technical journaling and restore my innovative thinking by the better managing of my time and more determination to assign time for that.
The brainstorming could happen in many occasions and even in the morning shower or the way to the parking lot!!.
I was discovering everyday new "territories" in the universe of science and knowledge.
Each exposure is a really golden chance for me to know more and to discover more and I will cease each chance to do that.
If I managed to keep this routine active in my life and empowered it it will escalate my technical understanding and it will be promote my career to unprecedented levels.
It will be the most rewarding act in my life.
It has developed the deep thinking skills and the logical deduction of the fundamentals and the reasoning.
the value and quality of these notes are ranging from just recalling of the new technical information I gained through the day or the week to really creative and innovative ideas but whatever the level of my notes, I'm appreciating them where all are valuable for me.
This routine has triggered my mind to brainstorm always about the technical problems and to solve them and to collect the scientific facts about them piece by piece.
This trigger is ignited by the work tasks and the new information where these are my ammunition and materials for thinking.
I need to feed my mind with them to think.
This work has developed also a very precise investigation of my technical domain and the desire to understand the details and the fundamentals about it and the desire to digest these fundamentals.
This desire of the in-depth thinking is developing gradually avenues and desire of scientific research and curious mind to understand deeper the science behind these technical domains.
All these were totally drastic change on my way of working and full transition from the shallow engagement to the applied science domain and to the working researcher and working scientist attitude.
It has contributed significantly in my technical competency skills which was reflected positively on the others' evaluation of me.
all my effort in this technical journaling was directly rewarding.
I was becoming day after day smarter in my work and more accurate in my understanding about the smallest things in my technical domain.
I was becoming more and more experience to explore and to discover the scientific fundamentals and the technical fundamentals and the technological innovations.
I will intensify this routine by carrying handy block-note with me to increase and deepen this habit.
I was cease each chance to brainstorm my mind and to produce more and more notes and ideas.
I will expose more and more myself to technical events to feed my mind with the materials of thinking.
Each moment I was discovering new inch in the world of science and discovery and my understanding was getting a bit better and better toward the scientific truth.
Because of the other interests in my life this routine was affected by reducing the assigned time and the lack of ideas to trigger my mind to by active in the thinking of my technical domain.
I will recover again the previous levels of my technical journaling and restore my innovative thinking by the better managing of my time and more determination to assign time for that.
The brainstorming could happen in many occasions and even in the morning shower or the way to the parking lot!!.
I was discovering everyday new "territories" in the universe of science and knowledge.
Each exposure is a really golden chance for me to know more and to discover more and I will cease each chance to do that.
If I managed to keep this routine active in my life and empowered it it will escalate my technical understanding and it will be promote my career to unprecedented levels.
It will be the most rewarding act in my life.
The negative influence
Sometimes it's nice to share our dreams, goals and plans with other peers particularly if they can give constructive and useful feedbacks and use their minds, experience, and knowledge to strengthen ours.
In fact this is not always the case, where some of the people has totally negative influence where they are projecting their very personal life in "others" goals and try to mirror them.
I would like from whoever I share in my plans and goals to put it in my context and not his context and his life.
What I've seen from some of them, they are trying to mirror me to be exactly like them.
It's was obvious conclusion that sharing my life goals and plans with such kind of people is more harmful than useful and it is much better to exclude them from my circle of "advisors".
These people can forward negative influence about my goals and plans using their persuasive power though I 'm fully confident about my way of thinking since I claimed the reward of it but their persuasive part may shaken this confidence and reduce the momentum and the strength.
These category of the people who have de-motivation spirit and who perceive a lot of effort as pointless and who don't see potential in many people should be totally excluded from any seeking of advice.
They are injecting negative energy and shaking the self confidence and throwing uncertainty and lack of confidence in the future.
I've noticed also that they themselves are resistive to change since they don't see point or hope in the changes in addition to their lack of trust in the others' potentials.
They are following this concept consciously or subconsciously that if we can not run with the world pace then let the world freeze like us or slow down to be similar to their pace. Mirroring the people are the world to their internal image.
I've found that it is much better to not be out spoken about my plans to and keep them for myself instead of sharing them with these people.
I experienced this category in the past and I need to put extra effort and get rid from their negative influence and their negative "advises" where they were shaking strongly my self confidence and self perception about my abilities.
I would prefer to put this extra-effort in achieving my goals rather than persuading them or moving forward with wounded and shaken self-confidence.
Fortunately, I reversed their negative influence to be one of my driver to prove that the are wrong about me and I will continue in my way to prove to them and the whole world that I'm capable in what I was seeking for.
Negative spirit is infectious and I will do my best to contain it and to avoid it and to shield myself from it.
In fact this is not always the case, where some of the people has totally negative influence where they are projecting their very personal life in "others" goals and try to mirror them.
I would like from whoever I share in my plans and goals to put it in my context and not his context and his life.
What I've seen from some of them, they are trying to mirror me to be exactly like them.
It's was obvious conclusion that sharing my life goals and plans with such kind of people is more harmful than useful and it is much better to exclude them from my circle of "advisors".
These people can forward negative influence about my goals and plans using their persuasive power though I 'm fully confident about my way of thinking since I claimed the reward of it but their persuasive part may shaken this confidence and reduce the momentum and the strength.
These category of the people who have de-motivation spirit and who perceive a lot of effort as pointless and who don't see potential in many people should be totally excluded from any seeking of advice.
They are injecting negative energy and shaking the self confidence and throwing uncertainty and lack of confidence in the future.
I've noticed also that they themselves are resistive to change since they don't see point or hope in the changes in addition to their lack of trust in the others' potentials.
They are following this concept consciously or subconsciously that if we can not run with the world pace then let the world freeze like us or slow down to be similar to their pace. Mirroring the people are the world to their internal image.
I've found that it is much better to not be out spoken about my plans to and keep them for myself instead of sharing them with these people.
I experienced this category in the past and I need to put extra effort and get rid from their negative influence and their negative "advises" where they were shaking strongly my self confidence and self perception about my abilities.
I would prefer to put this extra-effort in achieving my goals rather than persuading them or moving forward with wounded and shaken self-confidence.
Fortunately, I reversed their negative influence to be one of my driver to prove that the are wrong about me and I will continue in my way to prove to them and the whole world that I'm capable in what I was seeking for.
Negative spirit is infectious and I will do my best to contain it and to avoid it and to shield myself from it.
Tuesday, 7 September 2010
Tracking my financial quotient progress
I 'm increasing gradually my financial awarenss, knowledge and in general my financial quotient day by day.
Because of that and the executed financial resolutions I managaed to cut some considerable losses by implementing a package of financial resolutions in my life.
I’m fully satisfied to see the rewards and the impact of these resolutions and gained fruits.
I stopped being ignorant and illiterate about my banking status and statements and expenses and credits.. and stopped saying I’m not good in these stuff to be I’m working on being good on this stuff by following improvement plan. I turned it to area of improvement to be addressed and focused. As a consequence, My credit charges and the associated bank fees were reduced drastically.
In a first time since months ago I don't have defered billed charges and this skyrocketing credit debit interests.
I only had the late charge assessment fees which I will cut it from the next month totally by improving my payment due time and discipline.
I’m no regretting losing some money –which was a lot – in the past months because of these credit interests because I’ve gained the lesson learned from this experienc.
The lesson is really valuable and as I was saying to myself always if my mistake will be the last one and lessons will be fully comprehended and followed then this mistake is really worthy to be done to pass the lesson and it would be fair price to be paid for a valuable lesson in life.
Some people learn from other’s mistakes, others learn from their own mistakes, others don’t get the lesson at all. I will be at least form the ones who learn from their own mistakes and who are not repeating their mistakes for ever if I’m not from the one who learn from the other’s mistakes and lessons.
The second losses cutting resolution was avoid filling my local currency credit balance from my dollar account where the bank rate was far low beyond the market rate. I decided to withdraw cash from the bank and sell the dollar outside to get better price and deposit them back in the credit balance.
The difference really matters by using simple math I found it can reach up or more than 1000$ per year just because of that.
Thirdly I’m waiting till I find in the market the best likely price and sell my dollars using this price which again add some gains.
Fourthly no cash in advance from the credit.
Fifthly I will deposit in the beginning of each month our estimated monthly expenses to cover our expenses all over the month and avoid any possibility of exceeding the due time since I decided to cover the credit balance month by month.
My financial awareness is really rewarding and I can feel the positive impact and the self satisfaction.
It is totally different when I was receiving the statement and don’t understand what the hack these numbers are referring to then folding it again and throw it in the drawer and I ended up with a heavy credit debit.
Meanwhile I’m still working in improving my budgeting.
One of my friend noticed my growing interest in my personal finances and from his perspective it is like counting the peanuts which may spoil my enjoyment with the life by bothering myself with all these numbers.
In my perspective, it is the other way around, this awareness was a source of self satisfaction and reaching the financial freedom as a goal some day it really worthy to put some effort in doing that by following strictly your finances.
The purpose was never cutting the expenses or downscaling my life style but optimizing my expenses by cutting the non sensable expenses and directing them in more valuable channels.
Because of that and the executed financial resolutions I managaed to cut some considerable losses by implementing a package of financial resolutions in my life.
I’m fully satisfied to see the rewards and the impact of these resolutions and gained fruits.
I stopped being ignorant and illiterate about my banking status and statements and expenses and credits.. and stopped saying I’m not good in these stuff to be I’m working on being good on this stuff by following improvement plan. I turned it to area of improvement to be addressed and focused. As a consequence, My credit charges and the associated bank fees were reduced drastically.
In a first time since months ago I don't have defered billed charges and this skyrocketing credit debit interests.
I only had the late charge assessment fees which I will cut it from the next month totally by improving my payment due time and discipline.
I’m no regretting losing some money –which was a lot – in the past months because of these credit interests because I’ve gained the lesson learned from this experienc.
The lesson is really valuable and as I was saying to myself always if my mistake will be the last one and lessons will be fully comprehended and followed then this mistake is really worthy to be done to pass the lesson and it would be fair price to be paid for a valuable lesson in life.
Some people learn from other’s mistakes, others learn from their own mistakes, others don’t get the lesson at all. I will be at least form the ones who learn from their own mistakes and who are not repeating their mistakes for ever if I’m not from the one who learn from the other’s mistakes and lessons.
The second losses cutting resolution was avoid filling my local currency credit balance from my dollar account where the bank rate was far low beyond the market rate. I decided to withdraw cash from the bank and sell the dollar outside to get better price and deposit them back in the credit balance.
The difference really matters by using simple math I found it can reach up or more than 1000$ per year just because of that.
Thirdly I’m waiting till I find in the market the best likely price and sell my dollars using this price which again add some gains.
Fourthly no cash in advance from the credit.
Fifthly I will deposit in the beginning of each month our estimated monthly expenses to cover our expenses all over the month and avoid any possibility of exceeding the due time since I decided to cover the credit balance month by month.
My financial awareness is really rewarding and I can feel the positive impact and the self satisfaction.
It is totally different when I was receiving the statement and don’t understand what the hack these numbers are referring to then folding it again and throw it in the drawer and I ended up with a heavy credit debit.
Meanwhile I’m still working in improving my budgeting.
One of my friend noticed my growing interest in my personal finances and from his perspective it is like counting the peanuts which may spoil my enjoyment with the life by bothering myself with all these numbers.
In my perspective, it is the other way around, this awareness was a source of self satisfaction and reaching the financial freedom as a goal some day it really worthy to put some effort in doing that by following strictly your finances.
The purpose was never cutting the expenses or downscaling my life style but optimizing my expenses by cutting the non sensable expenses and directing them in more valuable channels.
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