Tag: make money
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Is a House an Asset or a Liability?
Welcome to February, readers! As we step into this new month, let’s dive into a topic that’s on many minds: Is a house an asset or a liability? The answer isn’t as straightforward as it might seem. Much like our previous discussion on cars, the classification of a house depends on how it’s used and…
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Understanding Financial Wisdom
What is Financial Wisdom? Financial Wisdom can be referred to as the ability to think and act using knowledge, understanding, experiences, and good judgment in the application of sound principles to manage money effectively and sustainably. This goes beyond basic financial findings by incorporating emotional discipline, habitual control, foresight, and the ability to make financial…