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DON’T MAKE POOR FINANCIAL CHOICES
“You become richer or poorer every day depending on how you choose to date your finances.”
The biggest problem we have as individuals is not resources. The problem is resource utilization. Most people have times when they have abundant resources but in no time, the money finishes simply because we lack that multiplier ability that creates wealth. It all boils down to our financial choices.
You become richer or poorer every day depending on how you choose to date your finances. It matters how you spend. It matters when you spend and it also matters where to spend.
As you are in the trading and business places and as you go about transacting in normal life, your resources are either bleeding out or you are exchanging them for real value. I do understand that the marketplace does not wait for you to make quality choices.
I know that Opportunities don’t wait. You indeed snooze you lose. However, the best way to ensure that you get the maximum value out of your money is to always remember to engage the following principles:
1. Plan your spending. If it’s not on a budget don’t buy it.
2. Always go for quality no matter what.
3. Avoid being emotional about finances. Spend with your head. Not your heart.
4. Always match the right price with the right quality — Negotiate and get maximum value at a good price.
5. Don’t spend on wants when you have plenty of needs. Always make informed financial choices.
In conclusion, refuse to let an addiction or a bad habit deplete your resources. Don’t spend on useless things.
