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What Is Money Management Skills? | Money Management

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Money Management refers to how you handle funds.
It's everything from making a budget to planning expenses.
It's preparing and making long-term plans for investments.
Good money management skills improve how you use your funds.
Money management skills are skills you want to develop.
Most think when you make millions you learn money management skills.
That's why people who win the lottery are likely to waste it all.
If you were a bucket with 12 holes & we filled you with water.
The water would just leak through your holes.
The right time to fix the holes is BEFORE you're filled with water.
To avoid leakage.
It's the same with money management skills.
It applies to both your business and personal life.
Money management skills serve all aspects of your life.

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