In our daily lives, we inevitably encounter various financial products. While considering the risks and returns, it’s also important to be vigilant about the traps hidden within these products. We welcome both professionals and non-professionals to discuss the subtle financial pitfalls we may encounter in life. Let’s help each other avoid these pitfalls on our journey to financial freedom.
I’ll start with one: Never believe that financial management can make you rich.
You really need to find another way to make money and not just rely on a single job even if you do manage your financial still not enough. That's why we said the rich became richer because they have unlock the secrets already. As for falling for the pitfalls, it could be thousands of them and I doubt that it that there will be enough time to discussed about it.
Perhaps it's better on how to make many source of income, maybe we should really invest and then the profits that we have make will be put into a business so that there will be continuous flow of money and in turn could make us rich in the future.