Though most people ignore it, some time and effort is required to manage money, tracking the payments received, expenses and planning investments. How much time do you spend daily or weekly managing your money?
I do not spend much time managing my finances. I just spend less than I earn. Every month, I put a portion of my money into a fixed deposit account; I check out my investment once a month.
It depends to some extent on your age, most people do not have much money when they are young, and do not have to spend their time regularly, only when older more time is required.
I actually manage my finanaces in a daily basis. I have multiple sources of income and daily goal so I have to keep up with all sources and ensure I am on track to meeting my daily goal. Then month end I have to account for all my expenses.
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