Manage your money wisely

Instructions

  1. Limit your expenses.
    Buy only your necessities, and then treat yourself once in a while. Always keep your expenses below your income.

  2. Split what’s left into three buckets.
    Giving, Saving, and Investing. Give to charities or help those around you who are in need, save some for a rainy day, and invest more money than you save. Buy stocks, bonds, or start a small business with friends.

  3. Always re-invest.
    You might be tempted to use the money earned from your investment to pay bills or treat yourself. Resist that temptation and always put the money gained back into stocks, bonds, or your business until you’ve at least doubled what you initially invested.

Insights

No insights yet

Take action!

Our mobile app, Mentorist, will guide you on how to acquire this skill.
If you have the app installed
or