5 Rules of Money

Recently, I read one good motivational book in which there were five rules of money. These are so simple but these are great. So, if you will follow, money which you have earned through hard work will not go from your pocket.

In beginning, to follow all these five rules of money will be difficult. But, it is good saying, practice makes man perfect. Follow on this rule and try and try and you will see that you have become strict on these five great rules of money.

Rule 1. Save 1/10 Every Month from Your Hard Earned Money

If you are earning just Rs. 3000 in 2015, you should also save 1/10 of this earning. It will make your habit. It is very good habit. With this, you will save big amount and when it will big you will be happy because to collect all these money in one day is impossible for you. But now, through saving, it is reality. It will guarantee to your family that you are financial secure. It will also give your earning.

Rule 2. Invest Saved Money in Profitable Business

If you think only profitable business for your money, your money will do hard work for you. With this, your money will increase fastly like increasing the number of animals which are your pet.

As per my thinking, " Money is good servant. It is always ready to serve for his or her owner. It does not see day and night. At getting opportunity, it will become 100 times for welfare of the owner of same money.

Rule 3. Invest Money on the Basis of the Advice from Smart and Expert Professionals

Remember, money will increase only in the security of careful owner. It will run out from careless owner. If you will get the advice from smart and expert professional, you will learn to save money from risk and increase it fastly.

Rule 4. Never Invest Money in Unknown Business

An inexperienced  person will trust more in unknown business and lose his money. But a person who learns everything will invest in the business which he learned first. So, there is very less chance to lose it from same business.

Rule 5. Never Invest Money in Scam, Fraud and Impossible Earning Scheme

Many peoples are cheater. They capture other person's hard earned money by encourage him or her to invest in fast earned schemes. All schemes are scam and fraud. So, it is the last rule of money, you must not invest money in scam, fraud and impossible earning scheme. 






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Accounting Education: 5 Rules of Money
5 Rules of Money
Accounting Education
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