Everything in life has basic ground rules, which we should never forget. You can consider these ground rules as the pillars of your decision making activity. Even our financial lives have some ground rules to follow in order to have a great and enriching life. Over the last 5 years of writing this blog and having interacted with thousands of people, I can clearly conclude that more than making right decisions in financial life, you should focus on avoiding bad decisions. I have seen so many people who have been careful, not messed up things and their financial life quality is really awesome. They have not lost wealth due to foolish mistakes and live a clean financial life overall and while they feel lag behind others, I can say they are ahead of others in many ways. Yes – They have not taken awesome decisions, but the best part is they have not made terrible mistakes either.
Lets explore more on this today
1. Rule of Earning
2. Rule of Spending
3. Rule of Savings (Saving = Income – Expenses)
4. Rule of taking Risk
5. Rule of Investing
6. Rule of Expectation
Read in detail...
Lets explore more on this today
1. Rule of Earning
2. Rule of Spending
3. Rule of Savings (Saving = Income – Expenses)
4. Rule of taking Risk
5. Rule of Investing
6. Rule of Expectation
Read in detail...
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