Pay yourself first

Avoid Impulse Purchases

it can quickly lead to high interest charges and worssen your financial situation

Disagree:

• Jaime: I disagree because sometimes it’s important to spend money and enjoy life, not just save all the time.

• Fernando: I disagree since if you focus only on saving, you might miss out on fun experiences.

• René: I disagree because strict money rules can make life boring and stressful.

Partially agree:

• Jaime: I partially agree because saving is important, but so is spending on things that make you happy.

• Fernando: I partially agree since balance is necessary between saving and enjoying the moment.

• René: I partially agree because managing money well means knowing when to save and when to spend.

3Avoid impulse purchases – Before buying something you don’t really need, wait at least 24 hours to decide if it’s worth it. Many times, you’ll realize you can live without it.

1. Credit card overdraft: I totally agree that this is a serious problem because it can quickly increase your debt due to high interest rates.

2. Eviction from your house: You’re right, losing your home can be one of the worst financial problems because it affects your safety and stability.

3. Repossessed car: I couldn’t agree more — losing a car can limit your ability to work and earn money.

4. Losing money: That’s a good point, losing money can ruin your budget and cause stress.

5. Spending money: I see exactly what you mean, spending money carelessly can lead to serious debt.

6. Accumulating debt: You’re right, debt can grow fast and become very hard to pay off.

1. Credit card overdraft: I totally disagree, because if you manage it well, an overdraft can be temporary and not a big deal.

2. Eviction from your house: I don’t agree, because some people can move in with family or friends until they find a solution.

3. Repossessed car: Absolutely not, some people can live without a car if they have public transport.

4. Losing money: That’s not right, sometimes losing a small amount of money is not a big deal.

5. Spending money: I totally disagree, because spending money can be part of enjoying life.

6. Accumulating debt: I’m not sure about that, because sometimes debt can be an investment, like for a house or education.

Losing a large amount can disrupt your savings and plans.

2. Eviction from your house: I see your point, but sometimes people can recover quickly if they have savings or support.

3. Repossessed car: That’s partly true, but it depends on where you live and how important a car is for your daily life.

4. Losing money: I agree up to a point, but it depends on how much money is lost.

5. Spending money: I see your point, but controlled spending is not a problem.

6. Accumulating debt: That’s partly true, but not all debt is bad if it’s managed wisely.

2. Avoid impulse purchases – before buying something that isn’t essential, wait at least 24 hours to decide if you really need it or if it’s just a temporary desire. This helps you cut unnecessary expenses.

3. Track and review your expenses – keep a record of everything you spend for at least a month. Then review it to identify patterns, eliminate wasteful spending, and set realistic budgets for categories like food, entertainment, and bills.

• agree with the idea that saving money is important because it helps in emergencies.

  
  

  
  

• I completely agree that education should be free for everyone.

• I disagree with the statement that money is the most important thing in life because health and relationships matter more.

• I partially agree that working from home is better; it saves time, but it can also be isolating.

1. Create a budget and track expenses – Write down your income and spending to see where your money goes and avoid unnecessary purchases.

2. Save first, spend later – Put aside a fixed percentage of your income (e.g., 10–20%) into savings before using the rest.

3. Avoid impulse buying – Wait at least 24 hours before making non-essential purchases to decide if you really need them.

• I don’t agree that social media is bad for everyone; it depends on how it is used.

• I agree to some extent that money brings happiness, but it’s not the only factor.

1. Set financial goals – Decide what you’re saving for (emergency fund, trip, education).

2. Track your spending – Use an app or notebook to see where your money goes.

3. Cut unnecessary expenses – Cancel unused subscriptions or reduce takeout meals.

Agreement:
I agree that saving money is essential. It gives me peace of mind, security in emergencies, and the ability to achieve long-term goals like traveling, studying, or buying a house. Saving allows me to make decisions without financial pressure and gives me freedom.

Disagreement (partly):
However, I also disagree when saving becomes an obsession that prevents me from enjoying the present. Saving without spending on things that make me happy or without indulging in little treats can make me live in fear or with a scarcity mentality. Money is meant to be used balanced, not just stored.

2) don’t open many bank accounts

3) Do a list with the organization and the things you spend the most money on so you keep a line with the money you spend.

Agree:

• I completely agree that controlling your spending is essential to save money.

• Absolutely, being mindful about purchases helps avoid wasteful expenses.

2. Eviction from Your House

Agree:

• I agree that paying rent or mortgage on time should be a top priority to avoid eviction.

• Absolutely, keeping your housing payments up to date prevents many problems.

  3. Accumulating Debt

  Agree:

  • I totally agree that accumulating debt can harm your financial health.

  • Absolutely, living within your means prevents debt buildup.

• I don’t think spending money on small pleasures is always bad.

• I’m afraid I disagree that you should never treat yourself; sometimes it’s necessary.

2. Disagree:

   • I disagree that eviction only happens because of late payments; sometimes it’s due to unfair circumstances.

   • I don’t think eviction always means the tenant is irresponsible.

     3. Disagree:

        • I disagree that all debt is bad; some debts, like mortgages or student loans, can be investments.

        • I don’t think you should avoid all borrowing—sometimes it helps grow wealth.

• I agree up to a point that spending less saves money, but it’s also important to enjoy life.

• That’s true, but sometimes spending a little can boost your happiness and motivation.

  2. Partially agree:

     • I see your point about paying on time, but sometimes unexpected events make it hard to pay.

     • I agree with you in part; prevention is key, but we also need support systems for emergencies.

       3. Partially agree:

          • I agree partially; while debt is risky, responsible borrowing can be useful.

          • That’s true, but managing debt carefully makes a big difference.

Tip: Control your spending by distinguishing between needs and wants.

• Before buying something, ask yourself if it’s necessary or if you can do without it to save money.

2. Eviction from Your House

Tip: Prioritize paying your rent or mortgage on time to avoid eviction.

• Organize your budget to make sure housing payments are a priority, preventing stress and extra costs.

3. Accumulating Debt

Tip: Avoid accumulating debt by only spending what you can afford and paying off your credit cards every month.

• Stay within your means and use credit responsibly to avoid unnecessary interest.