But what if you could spend them on other things that will give a positive return in the long-run, instead of spending on gifts and depreciating expenses?
Proper wealth management needs a proper understanding of this basic concept.
Personal Finance should be “personal”. Match it with your needs.
Out of the countless financial “advice” I’ve heard, here are seven I found most amusing but also dangerous:
Paying yourself first means to save first before spending.
Lifestyle inflation is one common problem for young professionals and even seasoned employees in the workplace. And getting trapped in it is relatively easy.