if salary is not a factor and your living expenses are covered what to do you do for living and how would you spend your money?
Answers
Explanation:
Among all the awesome things that come with adulthood, so too come the regular expenses: rent, car insurance, and groceries to name a few. Whether you’re providing for yourself or a family, it’s important to be aware of the various living expenses. Knowing how much basic expenses cost will ensure you’re prepared to tackle them.
You’ll also want to prepare for the unexpected. For example, your income might be lower than you expect while some of your expenses may be higher than you anticipated. Without a solid budget in place, you may run into financial trouble or even debt.
That’s why we put together this guide to living expenses — both the expected and unexpected. We’ll cover what’s considered a living expense and how much you need. We also provide expert tips on how to reduce your monthly living costs.
With a solid budget, you’ll have enough for living expenses, unexpected situations, and plenty of fun, too.
Answer:
Money management is an eminent part of life. It is an art as well as a good habit. We should know where our money is going and how can we save our money so that we can spend it on other things. Every human being has a living expense. Different expenses are depending on our needs. For example, living costs, luxury items, emergencies, medical expenses, etc. Even if our living expenses are covered, there are other expenses like higher education, medical expenses, transportation cost, etc. If salary is not a factor, then there should be another way of earning money so that we can spend the money in various sectors. I would spend my money wisely and invest on shares and government bonds in order to get better returns in future. I would work more on the share market and invest properly.
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