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Just be careful of where you want to put your money before investing.Investing on something doesn’t necessarily means you will gain from it.Ask people with experience and follow the right stepFor me it will be not Investing Appropriately - If you simply keep your cash in reserve/savings bank account, you are not investing you are doing the opposite. Your saved Money will lose its value and become worthless due to rise in inflation.
It's better you invest your Money into Profitable and low Risk Businesses and keep your money flowing beating inflation and making your money more worthy.
For me I think it is spending in expectation. It happens to almost everyone and we should do our best to ensure we tame it. It has a lot to do with us achieving our financial goals.For me it will be not Investing Appropriately - If you simply keep your cash in reserve/savings bank account, you are not investing you are doing the opposite. Your saved Money will lose its value and become worthless due to rise in inflation.
It's better you invest your Money into Profitable and low Risk Businesses and keep your money flowing beating inflation and making your money more worthy.
Does that mean we should not save money,though your reason can be ok if one want to look at it from the stand poin of increase in revenue once invested,but it is still important to save money,because you might need some cash for an emergency and you'll just have to go and withdraw.For me it will be not Investing Appropriately - If you simply keep your cash in reserve/savings bank account, you are not investing you are doing the opposite. Your saved Money will lose its value and become worthless due to rise in inflation.
It's better you invest your Money into Profitable and low Risk Businesses and keep your money flowing beating inflation and making your money more worthy.
This reminds me of a previous employer who brought some home appliances to his home from the office. It was a hot summer so he grabbed 2 electric fans and loaded them to his car. In the eyes of the employees that was not a good act.There are lots of financial mistakes that people make. Among these, I'm gonna talk about treating business as yourself. It is wrong. Your business is different from you so you must treat it as a separate entity
Without having proper money management, it is very tough to keep an eye on the money outflows. That's why budgeting is important. And it is an integral part of overall market strategy.Budgeting is one thing that I always want to be doing because it will make me not to spend my money recklessly and also be able to save and invest.
Budgeting is very good, it helps us to know how to control our spending on things. Without a good budget planing, we will keep spending money on things that does not add values to our finances.Without having proper money management, it is very tough to keep an eye on the money outflows. That's why budgeting is important. And it is an integral part of overall market strategy.
The biggest financial measure that anyone can I board is spending their money recklessly without anything to show for it because if they are able to spend your money with something good to say sorry then it wouldn't be that bad compared to spending too much without anything to show for it.For me it will be not Investing Appropriately - If you simply keep your cash in reserve/savings bank account, you are not investing you are doing the opposite. Your saved Money will lose its value and become worthless due to rise in inflation.
It's better you invest your Money into Profitable and low Risk Businesses and keep your money flowing beating inflation and making your money more worthy.
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