Please Permit Me to Share My Experience with Money

by King Shiloh Banned 3 replies
I have really had some ugly experience with money. I have learned that no matter the amount of money you are holding in your hands, it will never get bigger, appreciate or increase if you don't invest it into something.

I have learned that it's not necessarily the amount of money you have that matters but the amount of money which the money you have is able to make in return. I have learned that the easiest way to become financially poor is to carry millions, billions, "zillions" of Dollars, Pounds, Euros, etc in your hand, wallet or pocket without investing it.

I have learned that it's better that the money depreciates or finishes totally while you're investing it here and there than it finishes while you're trying to hold it.

I think it better you put the money in a fixed deposit or savings account than holding it. It is better you take it to the bank, leave it there until you have a clear-cut profitable idea of what you want to do with it.

Please if you don't know what to do with money, look for someone that knows. Look for someone you can trust. look for someone that has a solid reputation or credibility as far as money management and financial investment are concerned.

I have learned that spending money is quite different from investing it. Please learn from my experience because I have really lost huge amount because I was just trying to hold it.

Em... If you have anything to add, please do.
#mind warriors #experience #money #permit #share
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  • Profile picture of the author Joe Benjamin
    Yes.

    Money is currency, and currency needs to move to be
    effective for you or anyone else.

    Some people confuse moving money with spending it,
    when it's quite the opposite...it's investing it.

    I invest a majority of the money I make because most
    of it would just "sit there" serving nobody. It's actually
    a challenge finding things to do with it...but that's a
    different topic.
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  • Profile picture of the author shahriyar
    Originally Posted by King Shiloh View Post

    I have really had some ugly experience with money. I have learned that no matter the amount of money you are holding in your hands, it will never get bigger, appreciate or increase if you don't invest it into something.
    I agree completely, thats what i did do. First earned and then invested, however still working hard to reach my goal. It takes a lot of time and patience to get the return i guess.
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