#theartofwealthbuilding #financialmanagement Do you know, which is the one thing – which is responsible for making financial lives complex these days?
Each financial decision you take has some pros and cos.
Some decisions will put pressure on your cash flow and some will make you rich in eyes of society, while some will create assets for you and some will destroy your net worth.
Some examples of decisions that investors have to make!
Should I prepay the home loan or invest it?
Should I buy that plot or not?
Should I take 2nd property or put the money in mutual funds?
Should I buy the higher-end model of the car or the lower one?
Should I change my job for a higher salary or be in my comfort zone?
Should I give 1 lac to my friend as a loan or make some excuse?
Should I buy the 2 bhk or 3 bhk?
Should I keep so much money in FD or invest in the 2nd house?
Should I save for my kid's education right now or leave it to fate?
Is it fine to spend money on outings so much?
Did I make a mistake by spending so much on myself? Am I selfish?
we will look at the 4 point Decision Making Framework
secret for making smart financial decisions.
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