How To Spend/Manage Money Wisely

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We love our family; we care for our mates; we are ready to do anything for them. In this, do money matters? Nope, our conscience doesn’t let our thoughts linger in our minds for longer. Somewhere back in our heads, our ethics also keep trembling. However, the policy of ‘favour in return’ doesn’t matter. People tend to delay the payment, assuming that you don’t need it on an urgent basis. There are chances that they can take you for granted to use you as a trump card. Eventually, this becomes their tendency, whenever they’re suffering from a financial hitch. A number of times your belief of getting your fund on time proves wrong. Ultimately, you pledge not to help even your friends or family members in the future.

Apt management and analysis are necessary to avoid the surprise-attack. Get 3 ultimate tips of playing safe:

Firstly, Get The Details!

Before giving your wealth in someone’s hands, think twice, and ask in depth about the necessity. Also make sure that if any problem occurs, you’ll be able to procure your money with his/her other avenues. It’s your liability to ask everything beforehand so that you can avoid the upcoming sudden risks.

Don’t be a Fool

Don’t be a blind in friendliness. Nobody wants to be fooled by their own closer ones, and that too in return of goodwill. If your sibling asks for your credit card along with the code number, just to use it once or twice, refuse the proposal immediately. Keep your preference to help someone with cash and if not available then decline politely.

Discuss With family

Before any financial decision, it’s better chatting with your family members. Even if, you’re planning to grant some cash to your buddy, do discuss with your family or spouse.

Rendering someone a financial aid requires deliberation. Doing it with negligence causes many complications and differences within a happy family or friendship. Keeping these smart facts in mind would surely assist you to be in a safer position.

Source: feminiya.com