Parents and we might have a different view on certain apsects of money. However, not everything they believe is wrong. Some ideas and insghts are classical and stand the test of time.<\/p>\n
Rediff Archives has a note named What Mom Thought About Money<\/a> which discusses the above fact. It says:
\n1. More Money Is Not Solution – Managing money is. Setting priorities for expenses and planning it means better money management.
\n2. The 80:20 Principle – Eighty percent of the things we buy, we use 20% of the time. And 20% of the things we buy, we use 80% of the time. (See my previous post Less Is More!<\/a>)
\n3. Always Tie Loose Ends – Do not postpone credit card debt. What needs to be done, must be done.
\n4. Budget for emergencies!
\n5. Bargain – Will be amazed to see how much it actually works!
\n
\n
\n<\/p>\n","protected":false},"excerpt":{"rendered":"
Parents and we might have a different view on certain apsects of money. However, not everything they believe is wrong. Some ideas and insghts are classical and stand the test of time. Rediff Archives has a note named What Mom Thought About Money which discusses the above fact. It says: 1. More Money Is Not […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[23],"tags":[],"class_list":["post-36","post","type-post","status-publish","format-standard","hentry","category-money"],"acf":[],"_links":{"self":[{"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/posts\/36","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/comments?post=36"}],"version-history":[{"count":0,"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/posts\/36\/revisions"}],"wp:attachment":[{"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/media?parent=36"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/categories?post=36"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/tags?post=36"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}