Some fundamentals should never be overlooked when it
comes to money and there are a number of such tips to help you avoid pitfalls
and grow your wealth.
One good tip is to always put saving before the
acquiring of shiny objects.
Buying a five year old car and using it for ten
years or until the wheels fall off rather than spending an exorbitant amount of
money on something brand new and then changing it every couple of years is an
excellent example.
It is also a good idea to avoid risky investments
that promise quick returns but often end up seeing you lose everything, while
being methodical about saving instead, such as designating a particular amount
of your pay check to savings and retirement accounts every month are the real
keys to growing your wealth.
Spending less than you make is a vital discipline to
avoid being forever struggling and in debt.
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