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.
Yes, managing finances alone will not make someone rich. Because managing finances only aims to let us know how much money we spend in a certain period of time (a day, a week, or a month). So that way we can prepare the money needed to cover all the needs or expenses more accurately. Therefore I agree with your assumption that managing finances alone cannot make someone rich. Because managing finances is a way to use money so that it is not less or more than the needs we have. But you need to know, rich people certainly always manage their finances well. So the habit of managing finances is the habit of people who are already rich or already have financial freedom. Because just think, if someone does not manage their finances well, how can that person succeed in a business or business. Because all businesses or businesses must be arranged in such a way, especially in terms of finance. This aims to prevent the business from getting caught in debt and various other bad things. Therefore, in my personal opinion, managing finances is something we must do. Because managing finances is an important aspect so that our lives or the businesses we own can run more smoothly.