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RE: The Importance Of Having A Contingency Money Plan

in LeoFinance2 years ago

Brother, you are damn right! When one is having a high cash flow, he may feel at the top of the world and then increase his expenditure without having a balance to it. So if there is a shift in his cash inflow, he would feel the real effect and then have the mindset of being broke. When all he had needed to do was to manage his income to prepare for the future.

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It's true, it's important for us to be conscious and aware of our expenditures because whenever a shift in our cash flow happens, it's important to notice and adjust properly so that we can maintain a balance. Being broke isn't easy and that's why we should try to prevent it.