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Economics , Sociology & Politics / Re: Things you shouldn't do with your money to grow rich or advance in life
« Last post by 0t3p0t on April 28, 2024, 10:39:56 PM »Exactly. And this actually happened to me once before. Mismanagement really cause disaster to our funds as we might spend it all indiscrimately for nonsense things and that would make us regret in the long run. If only we knew it early, if only I can go back time but yeah it's all done and what done is done.Financial management matters a lot in our lives, because anyone with poor financial management will not know his important needs and put them first. Rather they will spend their funds on what is not necessary or important to them. This will make you not have enough to save and invest, because you will not be able to manage and trim down your expenses in order for you to have extra funds that you can use for something important in future.That is what really we should do every day because if we don't have set of goals with us we will end up spending every penny we have on our purses. That is what will drive us to the top. We should also be responsible and patient.
I agree with you, in summary of all you've just said is that in order to maintain your finances and for you to grow financially, set a good budget, so that you can control your spending.