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Topic: 2023: What money lessons have you learned so far? - page 5. (Read 499 times)

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Some of the crucial money lessons I learned in the past few months both from personal experience and from watching other people
1 Invest in the future of your kids so that they have something to fall back on:
There is a saying that even though I don't come from a wealthy home, a wealthy home will come out from me. The ease with which your kids will experience life when you consciously focus on investing in the future of your kids, cannot be overemphasize. You'll be less stressful, less anxious because you got it all covered. What are some investment you think are wise to be made for the future of your kids?

2 Do not go about with large wads of money in your wallet or with you
The first reason is for security purposes. The second reason is so that if you lose your personal items, it will not hurt so bad. Besides who still carries cash when you can make payments digitally. What do think?

3 You need a side hustle even if you have a main job
This cannot be over emphasized. There is no job security. Nothing is promised. Learn a skill or turn your interests or that thing you enjoy doing in your spare time to a side hustle. We all need the extra cash.

4. If you need a motivation for saving, attach a goal to it. This explains itself. Save with a goal or purpose in mind.

What money lessons have you learned so far?
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