1
Economics , Sociology & Politics / Re: Things you shouldn't do with your money to grow rich or advance in life
« on: May 12, 2024, 09:35:22 PM »
The wealth of each of us is the difference between our income and our expenses.
Accordingly, wealth is formed by: growth of income, reduction of expenses or both growth of income and reduction of expenses.
And here everyone chooses his own model of realization, because there are no universal solutions.
Yes, and what is very important - you must keep a record of your income and expenses, believe me this simple and accessible mechanism (even on paper, or in Excel or GoogleTab), will allow you to see the real situation of your income and expenses, and to understand where you have "weaknesses", which should be paid attention to
Accordingly, wealth is formed by: growth of income, reduction of expenses or both growth of income and reduction of expenses.
And here everyone chooses his own model of realization, because there are no universal solutions.
Yes, and what is very important - you must keep a record of your income and expenses, believe me this simple and accessible mechanism (even on paper, or in Excel or GoogleTab), will allow you to see the real situation of your income and expenses, and to understand where you have "weaknesses", which should be paid attention to