The Poor Rupee Manager
- Spends all their pay immediately.
- Must have it now, no matter how it hurts or how much credit they use
- Has no goals or plans other than to be rich and famous
- Follows the crowd and their friends
- Mixes with people who have similar money problems
- Believes they don’t need advice
- Has no interest in gaining financial knowledge
- Spends on items which lose value, e.g. Cars, stereos etc.
The Good Rupee Manager
- Saves a minimum of 10% out of each pay
- Minimizes borrowing for items which depreciate in value
- Has definite goals, e.g. 6-12 months, 5, 10 and 20 years
- Has a plan that they actually implement
- Mixes with people who are successful money manager
- Knows that strategic spending is a must
- Seeks professional advice and has a wealth coach
- Is keen to learn new things and ideas about money mangement
- Invests in items which gain in value by quality
Title: Money Manager
http://www.OpulentWealth.com
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