Robert Kiyosaki once said that It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for. The best long-term strategy for financial affairs puts in place the disciplines and mechanism that help you save mindlessly and spend thoughtfully. Here are some solution.

Pay Off Your Loan/ Do not take loan. Paying loan off early or not taking loan at all reduces stress. People that clean all their loans especially their house montages can go to bed at night knowing even in the event of a catastrophe they will always have a roof overhead.

Automatic saving or Investment Plans. Make sure you are subscribed to an investment or saving plan that deducts straight from your pay check before you even have a chance of spending any money.

Avoid Credit Cards. “Every time you borrow money, you’re robbing your future self.” –Nathan W. Morris. You should only have one credit card, and it should not be in your wallet. Place it somewhere that requires conscious effort to retrieve it. (For example a locked cabinet or in a safe). When you make a purchase using cash the actual counting of the bills will make you spend lesser.

Invest in your experience. Constantly upgrade yourself with new course. This will create more opportunities for you. Take your family on a vacation rather than splurging on gifts.

Have  passive income. Gain some passive income. Read previous blog post: 4 Ways of generating extra income at home. for more details.