Feb 9 2022

How To Manage Finance

Whether you are a rich or a poor person, you must know how to manage finance, failing which, you will be poor all your life.
If you don’t know how to manage finance, poor people will be forever in debt and the wealth of rich people will disappear from their ownership.
What is the meaning of managing wealth? It is that you must have a clear record of your wealth, whether it is ten thousand dollars or a million.
For instance, if a person has income of one hundred thousand a month, but he does not know how to manage his income, he will always feel short of money. On the other hand, a person with ten thousand income a month, but he knows how to spend money properly, he has balance of deposit.
A person of how to managing money, can live nice life under a limited income. On the contrary, a person can only live in debt if he lacks the ability of managing money.
For example, some lady, for her show-off, will buy a hand bag of ten thousand dollars for a famous brand. Another one may spend one hundred dollars to buy a hand bag from market. The practical use is the same.