Avoid being the "Greater Fool" by being patient and only buying good valued assets that actually generate earnings. Avoid accounting gimmicky claims. Speculation is all fun and games until you're stuck holding the bag. #MundosMoneyTips#LongTermInvesting
This is a great suggestion. Find someone who loves to talk about money and do it! Financial literacy is very important especially with all of the grubby hands out there looking to take your money from you one way or another. Reach out! Talk. Learn! #MundosMoneyTips
โPeople who like to talk about money are everywhere. Just look around your friend group and start the conversation. Because when people share their money stories, we all learn.โ Another week, another amazing episode of The Happy Saver podcast.
https://t.co/pV0fPvQYON
Excellent primer on the concept of leverage aka borrowing someone else's money in hopes of making more. TLDR: Avoid it if you can, tread lightly if you do.
The four most important financial decisions you'll make:ย
1. Education: what level and how you'll pay for it.ย
2. Car: how much you spend and how you'll pay for it.ย
3. House: location, size, and how you'll pay for it.ย
4. Health insurance: if you get it and how you pay for it.