Look around you, and you'll find your friends living large and indulging every week, along with new devices, essential expenses, and vacations, whether they have a high or low salary. Even high-income earners will most likely go broke trying to keep up with this kind of lifestyle.

If you can't save a large amount of that high pay at the end of the month, you might not be able to attain the financial independence you desire. You might think that achieving financial freedom isn't possible, but we've got some hacks that would be of great help to you, guide you to never go broke and keep your cash flowing smoothly.

Here’s the hack:
Analyse your finances using SWOT analysis: This is the first hack. Understand your financial state and the possibilities of achieving your goals using SWOT.
S stands for Strengths
W stands for Weaknesses
O for Opportunities
T for Threats.

Take a look at the industry you work in, the connections that could promote your expertise and make you earn more. You should also examine your money weakness, your spending limits, and how you can improve.

Set financial goals: [/b]Precisely set realistic goals that can be achieved on a long-term or short-term basis. Think of what you need in the next 6 months to 3 years, map out the financial commitments to be done monthly, and see how your goals become achievable.

[b]Change your mindset: [/b]Don't underestimate what you can achieve. Do not belittle yourself. Always believe you can make the right financial decisions. You work towards this by learning more about financial independence and essential things to know about yourself, your money, and your goals.

[b]Work with a budget: Budgeting is the most effective tool for money management; still, most individuals are guilty of not using this tool because they fear not coping with whatever amount they'll have to allocate to their various basic needs and wants. The truth is, as a salary earner, your basic needs and wants can be managed and simplified by using a simple budgeting strategy known as the 50-30-20 strategy. Learn how it works.

Know what you are spending on: [/b]This isn’t the same as having a budget! Once you’ve created a working budget in percentages, record every detail of your expenses on a weekly and monthly basis. This helps you to understand how you spend, what you spend on, and the things not to spend on.

[b]Save for emergencies: You can never predict what will happen tomorrow, next one month or three months. An owned gadget could get spoiled, you could fall sick, you could run out of cash while an emergency happens. Don't be caught unawares; save for emergencies and enjoy the peace accompanied by this.

Earn more: You can start a side business that wouldn't interfere with your 9-5. You can ask for a raise at your workplace, get a side gig, or change jobs. Once you start earning more, you would definitely have more money to either save, invest, and even spend - but wisely.

[b]Live a stress-free life: [/b]This might seem impossible, especially for individuals in their twenties and thirties. But really, life shouldn’t be all about working and getting stressed. Try to take yourself out on dates, spend frugally, but make sure you enjoy each moment you take care of yourself.

Learning these hacks isn’t enough! Keep them at heart and work with them to see the changes you’ll achieve in the next couple of months, and years.

Visit https://fundall.io/blog for more updates on financial growth.

All this points are good

Hmmm. If you are a salaried employee, some of these writeups will disappear. It is not easy, especially now.