Money Management by young generation.

in money •  3 years ago 

Investing in what you require rather than what you desire.

Buying what you need, not what you desire, is one of the best methods to save money. You'll be able to make informed purchases by distinguishing your necessities from your desires. Regrettably, not everyone understands the distinction between wants and requirements. That is why some people spend their money on wants rather than needs. So, before you go shopping, figure out what you really want and need.
A want is something you want but can't do or live without, whereas a need is something you need to stay alive.

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