5 lessons from Money Works by Abhijeet Kolapkar
Money Works teaches us about personal finance and money management to build a secure future.
Learn about financial concepts in depth and make your foundation strong. Knowledge is power when it comes to building wealth in the long term.
Make a realistic budget that you can actually stick to. Track your income and expenses and find areas where you can cut back to save more.
Prioritise paying off debts that have the most interest and reduce the financial burden to focus on saving and investing more.
Protect your assets with a strong insurance policy. Additionally, establish an emergency fund to be prepared financially during unpredictable events.
Invest in long-term financial tools and leverage compound interest by saving from an early age to see exponential growth over the years.