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Showing posts from May 19, 2017

13 MISTAKES WE MAKE WITH OUR MONEY

# MoneyMistakes1 : . Never borrow money with interest to start a business (except for salary loans); only borrow to grow your business. This is because business takes a long time to gain ground and begin making profit yet for most of the loans you begin paying back a month later or even earlier. Hence, never borrow to start a business expecting that business to be the one to pay back the borrowed money plus the interest. . *# MoneyMistakes2 : . Never spend money you haven't received. Don't even promise someone money based on a promise from someone else. Don't hear somebody say, "Ezra come to my office tomorrow at 9am and pick 2m" and you go buy items on credit hoping to clear the debt when the promised money comes in. . *# MoneyMistakes3 : . If you want to save, whenever you receive money ensure you don't start spending before taking out the savings hoping that you'll save what remains. Normally what remains is zero. And things t