web analytics

How to Survive on a Small Income

How to Survive on a Small Income PhotoExactly how much is enough?

It is the one question you have to ask yourself before you think for ways to survive on a small income.

Why? Because if you think about it, your survival does not depend on how big or small your salary is. Rather, it depends on the needs and wants you must satisfy.

How so? Some people rely on minimum wages yet live a comfortable life. While others have hundreds of thousands, even millions in their bank accounts but are miserable because they are buried in credit debt.

What is the root of all these? Greed.

Why is it scary to be greedy?

Wanting to acquire money is one thing, but overdoing it is another story. So many people out there simply can’t stop wanting more, even if they have so much already.

There is actually nothing wrong with wanting to accumulate more money. But when your desire for this supersedes everything else, like family and relationships, you must realize you are trudging on dangerous grounds.

You need to know when enough is enough in order to balance both.

Understanding sufficiency

So exactly when do you draw the line and say this is enough? I have enough. I am happy, I am contented, and I am alright. Below are some helpful points to ponder:

Things that make you happy

They can be material things, or places you want to go to or activities you want to take part in. This will help you identify the things that go beyond the basic necessities in life for you to be happy.

What can you do to flourish?

Nobody wants to simply survive. Everybody wants to flourish, live their lives to the fullest and achieve success. So exactly how much time and resources do you need for you to attain this?

What is living in comfort?

Again, this varies from one individual to another. But primarily it means knowing what you need in order to function properly; aside from three square meals a day, a warm bed, comfortable clothing, and a safe home where you can sleep soundly.

Things that go beyond survival

Do you want it or do you need it? Ask yourself this question before purchasing anything. Is it wise to spend money on this, or would you rather save it for something more valuable in the future? Are you disciplined enough to delay or deny instant gratification?

What desire goes beyond enough?

You always want what you cannot have. That’s normal because that is part of the human nature. But take time to examine closely, these desires that leave you unhappy and discontented.

Do you truly need them? Are you dead set on having them? Not really? Then, what can you do to finally let go of these desires and start living?

Only when you are brave enough to burst your bubble and decide to live in reality will you find the true meaning and happiness in life… No matter how small your income may be.