Money is important and everyone among us struggle to get but one should gain money by using right means and if we are working hard and getting reward in form of money than losing your reward of hark work really hurts, here today i want to share some simple things to avoid that we all do sometimes, i hope these will be helpful for all of us:

Money Mistake#1: Never borrow money wit interest to start to start a business

That means never borrow money to start a business hoping that the business will generate income to repay the borrowed plus interest. Borrow when you want to increase production in a business, when you want to upgrade.

Money Mistake#2: Never spend money you haven't received

Don't even promise someone money based on a promise you have from someone else. If he doesn't keep his promises as promised that will leave you in trouble with your creditors.

Money Mistake#3: Not Saving

If you want to save, every time you receive money, don't start spending hoping you'll save what's left. Normally, what's left is zero because as long as money to spend is available, many things you can spend it on are also available.

When the money to spend is not available, we naturally find a way. That's why you have to save with the method that suits you. Once you spend money there, you assume you don't have it anymore. before you spend money, put your savings aside and spend what's left after you save.

Money Mistake#4:Asking rich people for money instead of advice

When you have the opportunity to meet a very wealthy and economically successful person, never ask for money nor ask for loan, Ask them for ideas and advices on how to make money. They may give you best ideas that you will work upon and become successful.

Money Mistake#5:Not investing your savings

Many peoples stop at savings. It's very difficult to save and have everything you need to maintain your lifestyle, especially after retirement. When you save, your savings are seeds, plant them.

When you just keep the seeds, some seeds start to die(eaten by inflation and such)

This is why I recommend that you read about the different types of investments available(real estate, agriculture etc)

Money Mistake#6:Never lend money to someone you don't want t lose

The moment you lend someone money, be at peace because if the person does not pay, you will not die. You shouldn't even lose that person's friendship if they fail to repay the money you lend them. If you think the person might not pay you, and it won't affect your relationship with them, then lend them some money. If not paying back later will make you hate that person then it's better to refuse

I'm adding this point because I have seen many peoples forget their relationships just in sake of money, although it's a really bad thing but sometimes nature can't be changed so it's better to avoid and keep relations with loved ones safe

Money Mistake#7:To vouch for others in bad conditions

Never add your signature to guarantee someone on a financial matter if you are not willing or able to pay the money on their behalf.

Money Mistake#8:Having too much money on you

Means that don't walk around with too much money in your pocket. Because there are always expenses available to gobble up all the money that is at hand, so if you don't want to lose it, store it in safe place.

Money Mistake#9:Unnecessary expenses

Spending money yon something you can do without(at least for now)

These days, when you take money out of your pocket or wallet, as yourself: what if i don't buy this? If you find you can live without this thing, smile and walk away because buying unnecessary things is just a waste f money, what's the purpose of taking a thing that you don't need.

Money Mistake#10: Buying without arguing the price.

In other words always discuss the prices on the items offered t you and seek to obtain the actual price because sometimes you were deceives by telling extra prices.

Money Mistake#11: Thinking short term only and forgetting the long term or thinking long term and forgetting the short term.

To achieve success you have to work when everyone is working and work when everyone is sleeping. If you have a business opportunity or a desire to undertake, get started!

But be patient and learn the process gradually and relentlessly, even if it takes you several years to succeed in the system, because when the profit starts flowing, you will not be the same person.

THE ACCOMPLISHMENT OF YOUR LIFE IS THE KEY TO YOUR HAPPINESS.

• THESE ALL ARE MY THOUGHTS FEEL FREE TO TELL YOUR OWN THOUGHTS, DO TELL YOUR OPINION ABOUT THIS, AND IF YOU HAVE ANY OTHER SUGGESTION RELATED TO THIS TOPIC DO SHARE WITH ME

THANKS FOR READING!

all the images are from unsplash