Money Management- Do you know which category do you fall in?

As an individual, it becomes very important to understand your own money management pattern.

In this busy life, most of us don’t even pay attention to how our money is being managed, and many times we tend to overspend. But we also have another category of people who are mindful about sending and they are the second one.

This money management pattern is typically divided into 2 categories — Spender and Saver. However, having worked with many individuals/ families in their personal finance I have recognized one more category which is INVESTOR!

Spender is the one who spends first and if something is left they think about saving.

Saver is the one who saves first and whatever is left they spend.

An investor is one who does not just save but also works towards growing the money.

Which category do you fall in?

Recognize your money management pattern today and start working towards it.

If you are a Spender then work to move towards Saver, if you are a Saver then work to move towards Investor and if you are an INVESTOR then you are at the RIGHT PLACE !!!

INVESTOR → Your next step is to move towards goal-based investing :-)

Understanding your Life Goals and investing based on that is a must to Live a Financially Peaceful & Happy Life.

I Hope, this information was valuable to you.

Thank you,
Salma Sony, CFPCM

Thank you for reading.
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