7 basics of Personal Finance you should know|Rules of money

#theartofwealthbuilding #personalfinance

“I strongly believe it requires a brilliant mind to understand simple things” and it is so much true to personal finance.

1. When you invest in Safe products, Its nothing but Lending
2. When you invest in Equity or Real Estate, you are a partner
3. Risk and return go hand in Hand
4. Companies are here for business, not charity
5. You are never sold something, you always buy it
6. Pain now or later, your choice
7. Not taking risk is extremely risky in today’s world

So what is your learning from these basics of personal finance ? Do you feel more knowledge in yourself now ? Which of these points do you think is hardest for other people to understand ?


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