Make Expenditure to Investment

What Usually Happens?

People who belongs to different classes of society , includes everyone whether they are rich, poor, or middle classed, they think to play safe and make money for future and to get richer and richer. Everyone is insecured about their current ASSETS, here current does not refer to pure accounting term for assets , current refers to mean temporary.  What they have they are not focused on that they run further and that good assest depreciated, and further assets if not achieved or if achieved it must be better than previous one, then nothing left in their so called 'safe hands' because of their well planned and formulated and calculated risks goes wrong . This is very much tough to make this loss good or atleast bearlable .

What We Should Actually do ?

First of all we must study the market trends and market cost and price behaviour with respect to time and demand. It may sound weird for poor and middle class people to study these things but it is not that tough rather it is, 'That... that simple'. Many of you will feel that how the poor people will get through with good economic days then this fiscal policy which is strictly limited to their earnings only. Being rich or poor is not your often works but it is the result which proves by taking wrong steps or some luck trying activity. If you had noticed above heading in that do's d is small the reason being very simple because we just have to focus on WHY and HOW do will do its work. 

Rule 1 for proper budget:

Now, we must understand the basic difference between ASSETS AND LIABILITIES.  And this the first and last rule because almost every person not able to distinguish their Assets and Liabilities. Following this, difference between expenditure and investment comes into the picture. To become a rich personality buying of assets should be high because assets are assets and obviously this means returns on scale till long run. Assets are those which everyone dream to keep on large scale but they dont think about taking of those assets. If assets are not maintained then it becomes a loss which affects both businesses and households. Borrowing money can result cash in hand but its nature is of liability. Having more money will seldom solve problem. We should learn how to get money work for us. So this is the key article to know the fundamentals of mismanagement of losses or perpetual same standards.

 

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