Post
Topic
Board Economics
Merits 1 from 1 user
Re: Financial education or 1million dollars
by
Rockstarguy
on 09/06/2023, 11:24:50 UTC
⭐ Merited by fillippone (1)

On the other hand 1million dollars is truly a life changing amount of money but if you are not financially educated, you will lose it all on  the long run,
I don't know if anyone sees it the same way I do?
No amount of money is Big, When one lacks financial education i don't think a particular amount of money will last long because money is just like a smoke that goes into the air. No matter how money is much in one's hands, and if the person does not understand how to handle money, just in a short time no matter how huge  the money may be it will just vanish unknowingly to the person. Money does not last forever as for the day counts and time counts their are things that will always demand for money so it is always important for money to be invested for more money to be generated that is the purpose of money. Money is not just only to solve problem, to be spent on things but money also serve a purpose to create more Avenue of having more money.  if people understand this I don't think they will rundown broke of money. It is only money that can be used to replicate more money so in case wherey their is no knowledge on how to manage money it will  be no where  to be found.