Thread by @UncleSquilas

ABOUT MONEY
Thread

1. Never borrow money that accrues interest to start a business . That is to say, never borrow money to start a business expecting that the business will generate income to pay back the borrowed money plus the interest.

2. Never spend money you haven't received. Don't even promise someone money based on a promise you have from someone else. Dont count your chicks b4 they are hatched. Dont spend basing on a promise

3. If you want to save, whenever you receive money, don’t start spending hoping that you’ll save what remains. Normally what remains is zero because as long as money to spend is available, the numerous things you can spend it on are also available.

4. Never ask for money from pple who seem rich but rather Ask for ideas on how to make money.

5. Keeping your seed instead of planting it. Many people stop at saving. It's difficult to save and have all you need to maintain your lifestyle especially after retirement. When you save, your savings are seed; plant it. INVEST

6. Never lend someone money you are not willing to lose. By the time you lend someone money, be contented in your heart that should the person fail to pay, you will not die. You should not even lose that person's friendship if they fail to repay the money you lent them.

7. Never append your signature to guarantee someone on a financial matter if you are not willing or able to pay the money on their behalf.

8. Avoid keeping money you don't intend to use in the short-term within easy reach, there are always expenses available to gobble any money that is within reach.

9. Avoid keeping money in inappropriate places e.g. in socks, under the pillow, in a pit, in the sitting room, in the bra, in a travel bag that you will place somewhere in a bus ... impulse buying is a devil that will keep you busy!

10. Avoid spending money on an item that you can do without.

11. Dont spend more than u get