6 MONEY HABITS THAT COULD RUIN YOUR LIFE

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Title : 6 MONEY HABITS THAT COULD RUIN YOUR LIFE
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6 MONEY HABITS THAT COULD RUIN YOUR LIFE



Money is no respecter of persons; is the way it treats what determines how he was going to try and time you are on this planet, money is all-important


Some money habits are too dangerous to .; that could ruin your life and should be avoided at all costs.

These are some of the money habits that could ruin you.

1. WHERE HAVE NO KNOWLEDGE money goes


This is the worst mistake you could do with your finances. If you do not know where your money goes, you certainly spend more than you think you are spending, and lose a lot of money in the process.


2. Spending a whole EARNINGS


call this the "kill and divide" principle. You should not spend everything they earn, but many people do that. Spend everything they earn could jeopardize their future. It is a very dangerous habit that leaves the secure future for you.

3. SPEND excessively on impulse buying


This is where many people lose money - impulse purchases. Impulse spending could be as small, but if you can keep track of how much you actually spend, you will be amazed at the amount that goes down the drain unnecessarily.


4. Splurge on their savings


Many people have savings and then going to spend their savings. Savings should be savings; it is risky to splurge on their savings.

5. Buy things because people are


Life is not a competition; there are people who are tempted to buy what everyone else is buying. He was going to spend a lot of money on unnecessary items when this is done, and that will teach economics that money is a scarce resource.

6. DEBTS


Living a debt free life is an economical way of healthy living. Once you start running into debt, their financial health would start going down the drain.



These financial errors may appear normal, but it can ruin one's life.


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