Hello, Ram Ram, Namaste, Sastriyakal, to all Hive users. Today, I'll tell you why everyone should know how to deal with money. Everyone in society is earning money, whether it is a businessman or a junkseller both of them are earning money. But the thing that matters is the quantity of money. If a businessman earns a higher profit, like 50X of the junkseller's profit, but if the businessman does not know how to use money, then he can't be more profitable after some time than the junk seller. Like junkseller is earning 10,000 in a month, and he gives 3,000 for food, 4,000 for other resources for the family, and 1,000 for an emergency, and the rest of the 2,000 rupees he invests in an online platform like Niftyfifty.
On the other hand, the businessman spends his profit of rupees 40,000 on a trip, and that trip will not give him any profit except for enjoyment. And if we'll see after some years, like 10 years after that, the junk seller would have built a good house because his savings and expenditure are fixed on a regular basis, but the businessman has many dreams to buy, but he doesn't know how to fulfill his dreams in convineance to money.
If the businessman had not planned a trip and invested the 40,000 rupees in a bank or online platform, then there would be higher chances that after some years, he would have planned a trip by travelling in his own 4-wheeler. This is the power of investment. No matter how much bigger your investment is! The thing is that investment is bigger than the quantity of investment. So, for today, this much only till further goodbye.
