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Personal Finance Principles

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Personal finance will always be attached to each person and will be greatly influenced by a person's habits and lifestyle. Personal finance is all activities related to personal finance, which consists of several components such as income, expenses, savings, investments and insurance.

Financial principles are very important for everyone to understand in managing their personal finances, especially in changing mindsets such as:

1. Priority
Can distinguish between priorities, desires and needs,

2. Assessment
Assessment is a person's ability to assess each investment they have, whether it is potential or not.

3. Restraint
A person must be able to restrain the desire to buy goods that are less useful or not a necessity, and spending must be less than income.
 
Bro money is a very personal thing and how you spend it depends on your habits and lifestyle. You don't have to have a finance degree to manage your money well but it is important to know the basics of finance in advance.

First know your priorities and don't confuse desires with needs. Second see if your investments are profitable or just a waste. And finally learn to restrain yourself from buying unnecessary things. Your spending must be less than your income. This is the way to build a clean future.
 
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