08/09/2025
Basic rules of working with money ๐ผ
โ Get rid of bad debts
Debt is a good servant but a bad master. It can put a big dent in your budget. So distinguish between good and bad debt and get rid of the bad ones as soon as possible. ๐
๐ฆ Don't keep money in your checking account
Money in a checking account loses value. For example, keep it in a Smart Deposit, where it's always available to you, but it also appreciates in value. ๐
๐ฐ Set aside for yourself
Set aside an amount of money to put away, whether it's for a reserve, retirement or other financial goals. ๐๏ธ
What rules do you follow? Let us know in the comments. ๐ฒ
โThere is risk involved in investing.