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Checking and Improve your Finance

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@futurekr
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I know this might be difficult to attain in some countries but if you have more money coming in than leaving your wallet, you will soon be rich.

Your financial life is as important as your life in reality so I am bringing this topic to you. It is easier said than done that more money coming in and less leaving will make you rich. If it was easier done, we would have had about 80% rich people of the world population but it isn’t as easy as it seems.

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Living below Your Means

If your finance is poor not because you do not make money, but because you do not understand your financial life then I can help you. The first thing to do is first block all leakages in your finance pulse which refers to reducing your expenses, although not all expenses can be cut to the minimum like food shelter and clothing are essentials but while eating, a few things like eating out can be unnecessary when trying to build your finance. Let me make something clear, in the race of making money from scratch, there are a lot of things that will be sacrificed like health, freedom and in some cases social life.

You cannot live above your means and expect to be rich, even if you work for 24 hours round the clock only to use your daily pay to buy a wristwatch you saw on a celebrity’s hand, you will still be poor. It is not funny to do and not easy to continue but it is needed to start improving your finance.

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Buy Investment Seeds

Like a farmer plants a seeds to grow and produce fruits, the way should people plant the excess cash they have into investment. A seed not planted will get spoilt but do not plant all your seed into an investment at once. You need to first understand how the investment works so you do not invest everything you have into something you will lose all you have at the end.

Create Your Own Business or Buy One

Not everyone want to be a business person but a few people want to. They want to just stay at home and make money, for this people simply investing can be an option but for people who like to explore, starting a business can be a good beginning.

Your finance should be your priority especially now that the economy is down and inflation is on the increase.