7 ways you are murdering money without realizing it and how you can Stop it.
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Thread//
For every minute that passes, millions of dollars are on the move.
From one account to another.
From one person to another.
For every service performed, money is the preferred form of appreciation.
From one account to another.
From one person to another.
For every service performed, money is the preferred form of appreciation.
Every time you come into possesion of money.
Two choices are laid before you:
To make yourself better or destroy yourself.
To spend or invest.
Two choices are laid before you:
To make yourself better or destroy yourself.
To spend or invest.
Of all the destructive and terrible deeds that we do for money or with money
The golden option is always there and yet most still choose to Murder Money in these 7 ways:
The golden option is always there and yet most still choose to Murder Money in these 7 ways:
1) You Don't Invest
2) You Dont Track your spending
3) Your money is sitting idle
4) You Spend Emotionally
5) You Spend to Impress/Flaunt
6) You spend more than you earn
7) You spend on activities you won't commit to
2) You Dont Track your spending
3) Your money is sitting idle
4) You Spend Emotionally
5) You Spend to Impress/Flaunt
6) You spend more than you earn
7) You spend on activities you won't commit to
1] You don't Invest
You have a consumer mindset.
You can't separate the necessary from the unnecessary.
Using the money to invest in yourself is the best possible start.
- Your mind needs nurturing.
- Your body needs to stay active and healthy.
- Your future needs planning.
You have a consumer mindset.
You can't separate the necessary from the unnecessary.
Using the money to invest in yourself is the best possible start.
- Your mind needs nurturing.
- Your body needs to stay active and healthy.
- Your future needs planning.
2] You don't track your spending
Every latest gadget and you are the first in line.
Everyday takeaway food is in your hands.
You won't enter the wealth bracket with these deeds.
Learn from the rich, they know how to not lose money.
Every latest gadget and you are the first in line.
Everyday takeaway food is in your hands.
You won't enter the wealth bracket with these deeds.
Learn from the rich, they know how to not lose money.
Don't find yourself regretting your recklessness when you could have taken the easy route by tracking your spending.
Tally your spending weekly or monthly.
Commit to the cause.
Tally your spending weekly or monthly.
Commit to the cause.
3] Your money is sitting idle
Your secret sock has money.
Under your matress there's money.
Have you ever questioned if the purchasing power will stay the same in 10 years time?
Your secret sock has money.
Under your matress there's money.
Have you ever questioned if the purchasing power will stay the same in 10 years time?
It's good to put money aside to use on a short-term basis
If it's for a long-term basis invest in an appreciable asset.
If it's for a long-term basis invest in an appreciable asset.
4] You are spending emotionally
We are humans and emotions are part of us, that i Agree but spending reckless just because you are sad that's a silly excuse.
We are humans and emotions are part of us, that i Agree but spending reckless just because you are sad that's a silly excuse.
5] You are spending to impress/flaunt
Don't follow this hype, you will be a lot better if you ignore social pressures and do whats best for you.
If you are not changing lives of people who want to be changed you are wasting your time.
Don't follow this hype, you will be a lot better if you ignore social pressures and do whats best for you.
If you are not changing lives of people who want to be changed you are wasting your time.
6] You spend more than you earn
There's a reason you did math at school.
Spend less than you earn.
Sounds simple to the ears but hard for "most people" to follow. Don't be "Most People."
Financial discipline and controlled consumption will get you far.
There's a reason you did math at school.
Spend less than you earn.
Sounds simple to the ears but hard for "most people" to follow. Don't be "Most People."
Financial discipline and controlled consumption will get you far.
7] You spend on activities you won't commit to
Gym membership - fully paid
Online course - fully paid
Library - fully paid
Attendance - once per month
If you are not prepared to commit to it don't spend on it.
Gym membership - fully paid
Online course - fully paid
Library - fully paid
Attendance - once per month
If you are not prepared to commit to it don't spend on it.