How to develop your financial intelligence from scratch? (Practical methods)


1. Change habits (save first, spend later)
Force yourself to save 15%-20%, quit overdraft installments, refuse impulsive spending
2. Clear accounts (categorize expenses)
Distinguish between "necessities/pleasure/waste," cut unnecessary expenses, accumulate initial capital
3. Identify attributes (buy assets, avoid liabilities)
Assets (investments, skills, rental properties) bring money in, liabilities (debts) take money out
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