Making Money is Easy But Spending it is Hard

Sounds crazy right?

Let me walk you through my thought waves.

Making money is easy, anybody can make money even a kid makes money. So, you know making money is all about perception.

But the hard part is spending it, I mean the habit behind spending. it is for this reason that people get rich in the morning and by night fall turn paupers.

So let me ask you this.... what is your spending habit like?

When it comes to spending we can find three types of people. They include:

1. Those that make money to spend.
2. Those that make money to save.
3. Those that make money to invest.

You can say these three people are right in there own sense of spending. They are all spending for the right reasons after all. In short every human being has these three persons in them and there is nothing wrong with it. The crux of the matter is the percentage of the different spending habit present in a person.

The spending I am going to throw more light to here covers how you end up using the money you have made.

My position as a community builder of business minded individuals and a business consultant gives room for a lot of question on what best to invest money on. I try my best explain to them that investment has no formula or any sector that is the best to invest in.

The secret to investing is to invest in what your interested in or knowledgeable about.

“The rich are investors, not spenders,” says Siebold. “They invest their money today, so they’ll have more tomorrow.”

To be a successful investor, stick to what you know or what you’re interested in.

👏🏽👏🏽👏🏽

Startup

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