Financial Mistakes

In the current times of crisis many people are looking for other options to earn more money. However, many times they forget the importance of wisely managing the money they already have. Click Electrolux to learn more. Why the response to a deteriorating economic situation is not more money, but more education. Once a person has acquired basic money management skills, their situation will improve even though it does not necessarily make more money. Ideally you should learn how to generate more revenue with money that already has in his hands. Unfortunately traditional education does not include the area of financial education. This fact, coupled with the current trend to consumerism and the ease of acquiring credit cards that lead to spending more of what one has, is the main reason because many people are currently in economic problems.

The ignorance on the subject of personal finance leads people to make many financial mistakes that can even be fatal. Below you will find the 12 errors most common financial which are named in the book of proverbs in the Bible, written by King Solomon, the richest and wisest of the world man: 1. be endorsement of another: the man devoid of understanding commits and exits guarantor in favour of the neighbor. (Proverbs 17: 19). 2 Greed: there are those who spread and it is added more; and there are those who retain more of what is fair, but come to poverty (Proverbs 11: 24,25) 3.

The lack of honesty: the weight and fair balances are of the Lord; All the weights of the bag are his work. (Proverbs 16: 11). 4 Be very naive when someone tries to sell you something: the simple believes everything it, but the prudent look closely his steps. (Proverbs 14: 15). 5. Pride: the reward of humility and the fear of the Lord are riches, the honor and life. (Proverbs 22: 4). 6. The debt: dominates the rich to the poor, and the debtor is slave to the lender. (Proverbs 22: 7). 7. The lack of planning: with wisdom a House is built, and wisely takes hold; All precious good cameras are filled with knowledge and desirable. (Proverbs 24: 3 and 4) 8 Chase quick riches: the greedy man runs after wealth and knows not that poverty shall come upon him. (Proverbs 28: 22) 9 Ignore the poor: that gives to the poor will not be need, but he who closes his eyes shall have many curses. (Proverbs 28: 27) 10. Betting: fortune obtained with fraud decreases, but which is covered with job increases. (Proverbs 13: 11) 11. Negligence: which is also negligent in his work is brother which destroys. (Proverbs 18: 9) 12. Buy a good before you can pay it: sorts your work outside and have them ready for you in the field, and then builds up your House. (Proverbs 24: 27). If you need help to change their financial situation, they will love our 10 facts about how to have a business that a mother taught her son and as a result of which he became a millionaire at age 21! You can download them for free on of Bettina Langerfeldt, whose passion is to teach people of all the ages as acquire a vision for your life, set goals and then pursue the specific education so that they can achieve them.