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how to manage money wisely

http;//www.moneymanagmentsecrets.blogspot.comMoney as the means of exchange in our daily life affairs can be managed Wisely if we employ some measures . The world we live in has economic problem , of which we are not the cause of it. But if we have the right view of Money managment, we shall definitely avoid some problems that comes with lack of funds, which makes us not to meet the basic need of our family.

Money can provide some protection to all of us, if invested wisely. if we do not invest wisely, we will certainly have problems . here is the measures that one have to take, as to enable one not to have problem .

1. be dilligent : good workers are highly treasured by employers and can not be easily fired by their boss. if one have a very good reputation , this attribute will lead you to greater heights.

2. consider the cost : Before we embark on any project, we should prepare a budget for that particular project. we should not spend carelessly without having an adequate budget for the project. if we spend our money like this, it will surely put us of trouble.

3.do not be extravagant : we should not be extravagant , as this will make us to incur bills that are not necessary . when we incur unnecessary bills , it will surely land us in problem. as a result of the problem now, we should resist extravagant spending.

4. avoid bad habit : to cope with economic meltdown, we should avoid wasting money on bad habits like gambling, smoking , drugs etc. all these make us not to save for the future.

5. the love of money : when we love money more than any other things we became a slaves to it. as a result of this crave , it will make us to have insatiable appetite , which may lead us to trouble.

6. learn to be contended : we should learn to be contended with what we have . when we have this as a principle in life, we will be able to be out of trouble with our finance. we came into this world with nothing and neither can we have anything when going. people who are content with less, may be able to avoid becoming overtly anxious when the economy takes a down turn



This post first appeared on How To Manage Your Funds In This Depressing Time, please read the originial post: here

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