Introduction
It is time for me to push myself to come out a written budget for my vacation, monthly expense, my car repair, and my management to a rental property, and my management of my asset, and also my family as a single person and learn how to prevent abusive relationships from possible third parties.
A written budget
I have to evaluate the financial decision in terms of dollar amount. I like to set up the range from less than 100 dollars, 100 to 500 dollars, 500 to 1000 dollars, or above $1000 dollar.
I should never spend money any month more than $1200 dollars, for any reason. No matter how people put me under stress, abusive attack using languages etc.
I should never spend money more than $120/ day for shopping. For any reason, I have to make sure that I understand what is want and need.
If I have to make over $1000 dollars, then I will have to cut into multiple stages; A small step a time, and I have to allow myself to learn to ask questions, and do it several steps to allow myself to catch up.
Case study
I made the decision to close stock account in 2009. The money I lost in stock market is over $5,000 dollars. The idea came out and I made a decision without any written analysis. I have to spend over 40 hours to do research for amount over $5,000 dollar net income or loss, no matter what area I have to conduct research. I have to push myself to learn investment.
I have to push myself to analyze and then prepare for myself to review and audit my decision process in the future of 10 or 20 years or more.
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