FIVE FINANCIAL RULES: Financial Education

hello darling hivers, I'm here with a finance topic and I hope you all benefit from them.

I have been thinking about finances topics to share with you guys here on hive lately, especially the leofinance community, and so I went deep into my research and here is what I have to share with you all.

FIVE FINANCIAL RULES

My darling friends on hive, There are certain financial laws that if you a clue about them, and then work hard on them, then surely this aspect of money will not bother you anymore in life. If you guys can remember this book "The Richest Man In Babylon" , There are FIVE rules of money used by "Mr. Arkad" , a man who was able to attain financial independence, and for the whole of Babylon he was the richest man at the time. Come with me so we can read and understand these rules and then be able to apply them to our daily lives. We will surely be able to improve our lives in this financial area if you can take those steps seriously.

The following are the five principles of money from the book The "Richest Man In Babylon".

1st Finance Act; Pay Yourself First.

Money goes unnoticed again by the increase of a person who will set aside not less than a tenth of his income for the future life of himself and his family. now is this case, I'm not just talking to the men ok? this applies to everyone in that want to be financially stable in life.

2nd Finance Act; Make Money Work for You.

Money works hard for a sensible person who can invest it in the area it produces. If you can invest Wisely in the area of product not just any kind of investment, then trust me you have done a great job and won't regret it at all.

3rd Money Act; Be Careful With Your Investment.

Money clings to a careful man/women who invests in the advice of wise men. This is something very clear and don't need any explanation. We all know that it is not everything you put your money to or else, you will end up broke and down.

4th Finance Act; Loss of Investment.

Money runs away from someone who makes an investment that he or she does not know, or who does not follow the advice of people who know the investment. Now I have explained this before, it's a simple rule everyone should follow.

5th Finance Act; Get Richer, Avoid Harmful Ways.

And lastly, Money is quickly lost to someone who wants to spend less money to get rich and quick. My dear darling hivers, Those are the "FIVE rules of finance", To learn more about those rules here on hive follow me or come back for more here on my blog, so you don't miss out when I drop knowledgeable topics like this.

thanks darling hivers for always beings supportive

All pictures edited using canva