If you want to be rich, you shouldn't do this 3 things with your savings.

As a human being, You enjoy the idea of saving your money to actualize your financial goals, but somehow you end up spending the money anyhow.

 You don't know how it happens, you just don't have savings at the end of time.
 Yes, you aren't the only one who has issues with his financial difficulty. Many people have had similar experience and they can relate to your plight.

 However, instead of sitting down there lamenting how your money disappears, you can actually take at look at what you do with your savings, and that is only if you indulge in savings.

 But if you still don't understand what you spend it on,then I 'll advise you to avoid doing the followings with your savings.
 1. Don't loan it out
Though it sounds weird but actually if you want to save money you have to Try these tricks.
Don't make financial choices you might regret There is a particular reason why that money you set aside for personal use is called savings. If you have denied yourselves certain gratifications to save money, it is only reasonable for you to make that savings useful to you when you need it for a particular use.
 Never loan your savings to anybody.

 2. Never invest in a business you don't understand A critical example is "FOREX" Effective ways to deal with financial challenges Investment moves you need to start making When some people hear about the huge return or profit they will get on a business in a short period of time, they don't care to listen or know about how the business would be run before committing their savings, and to even think of putting your savings into what you dont know about yet?
 This should not be you. You can't afford to gamble with the money you've been saving for a very long time. If you don't understand the business, let it go. Don't put your money in a business you have no clue about.

 3. Don't be too generous Good boy, I heard you are very generous, Philanthropist par excellence, well done sir! Accolades like these will only run you down. It's cool to be generous, but don't sacrifice your savings to expose yourself to a financial crisis. Use your savings to build your wealth and when you have more than enough you can give back to the society as much as you want. - GREENTIPS


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