#61 - Personal Finance 101 - Save before you spend.
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Most of the salaried people complain about one thing every month i.e. There isn’t money left in the bank towards the end of the month. On their salary day, everybody makes a promise to themselves that they will save substantial money that month. But that never happens. This is because, they spend before they save. i.e Income-Expenses = Savings. Usually, it is Income-Expenses = 0.
#61 - Personal Finance 101 - Save before you spend.
#61 - Personal Finance 101 - Save before you…
#61 - Personal Finance 101 - Save before you spend.
Most of the salaried people complain about one thing every month i.e. There isn’t money left in the bank towards the end of the month. On their salary day, everybody makes a promise to themselves that they will save substantial money that month. But that never happens. This is because, they spend before they save. i.e Income-Expenses = Savings. Usually, it is Income-Expenses = 0.