How Much Do You Understand About Money
If you’re going to manage your money, you need to know how it works so that you can get to the truth about money and its importance. If you stay ignorant about money, you find yourself spending it needlessly for things you don’t really need or want.
When it comes to money, there are a few things you need to understand, as the information will help you to make good, solid financial decisions that will have a positive impact on your life.
· Money you get is not from luck but work.
· Save some of what you earn today helps you to invest in your golden years.
· If you have debts (car, student, house, credit cards, etc.), pay them off as quickly as you can. This allows you to enjoy a life that’s free of debt (and worry).
· Save money for contingencies. After all, you don’t know what will happen tomorrow or the next week or the next six months. Money allows you to handle those contingencies without worrying about how to pay for them.
· A million dollars began with nothing initially. Don’t aim so high that you frown upon what you do have. Begin with small goals and build upon your success.
· Believe in yourself that it can be done. No barriers can stop you if you see the possibility of making things happen for you.
· Money doesn’t respect people; it’s only for people who invite it.
· Money is not able to buy love, but it can support the love that’s already there.
· Money can be good, but the lack of it causes evil.
· Spread good into people’s lives with what you have.
· Do not lend money to family or friends unless you understand you may never get it back.
· Always track your spending habits. After all, money goes faster than you could potentially think it could.
· Unless you earned it, there’s no reason to brag about it. Bragging about it only attracts thieves.
· Unless you know what you’re going to do with the money, you shouldn’t spend it.
· Always learn about money; you could always learn more.
· Money is OK and wanting money is OK, but you still have to work for it.
· Poor people tend to have the most delusions when it comes to money.
· Money can be a good friend or an enemy.
· Don’t carry out bad tasks to get money, as it never lasts.
· You don’t have to be frugal.
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