some financial tips that everyone should know

crop man getting dollars from wallet

Spend less than you earn.

Remove debts, then save, then do anything else.

Your cars are not your assets, they are liabilities. Anything which requires money for its maintenance rather than providing you with money, is a liability.

Your job is not a safe and secure thing.

Always try to increase your wealth, don’t increase your cash.

If you cannot eat for a week without working, you aren’t rich at all.

Investing money is a good thing. Investing from the returns of the previous investment is awesome. This makes you rich, nothing else.

When you deny a raise to an employee, you are doing overall bad to the society. If you raise the salary, the overall standard of living increases, and that’s a good thing.

Don’t take risks, rather minimize the risks. In other words, don’t put all your eggs in one basket, you are not Warren Buffet.

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