What do you do to avoid being broke?

[Nite]

Yeah, there are earning sites and opportunities available online that can help generate some extra income and prevent a person from becoming broke. We just need to find the legit ones.

 

[Stardom22]

Being broke is something that everyone would not like it at all. One should always do everything but avoid being broke at all costs. However you can achieve this through employing great money managing and planning strategies.

 

[Starmix]

You'll only be broke if negligent careless and easy going entrepreneur. I appreciate people who are hardworking and have long tolerance of sacrifices just to live in financial freedom during their senior years.

 

[cherry123]

it is good to have multiple sources of income. This will make one to have money and saves one from losing a job that will make one stay broke for a long time

 

[eldavis]

Live in frugality while you are still struggling financially. You must also think of the best possible way to find extra income to avoid getting broke. There are earning sites online, so there is no reason to be broke.

this is just it, there is no two ways about it. Proper management and planning is not and most importantly, get a side hustle you can do that would help you generate more money for you. .

 

[timewo]

Avoiding wasteful expenses, purchasing stuff which is not required, is one of ways to reduce expenses to some extent. Also doing whatever work is available is one way to increase income.

 

[Starmix]

this is just it, there is no two ways about it. Proper management and planning is not and most importantly, get a side hustle you can do that would help you generate more money for you. .

Let us never allow ourselves to be broke. If sense money is declining, stop sending, and if possible eat twice a day only . There are people despite stomach full still crave for more which is insanity.

 

[eldavis]

Let us never allow ourselves to be broke. If sense money is declining, stop sending, and if possible eat twice a day only . There are people despite stomach full still crave for more which is insanity.

Haha, very true. It all boils down to management. Take time out to study your current situation as you have said and manage yourself during that period.

 

[Starmix]

Haha, very true. It all boils down to management. Take time out to study your current situation as you have said and manage yourself during that period.

Haha, very true. It all boils down to management. Take time out to study your current situation as you have said and manage yourself during that period.

That is right, all we have to do is discipline and self-control to avoid getting broke. It is best to live in frugality so that we can save money for the future, and invest if the saving is enough.

 

[Nite]

With discipline and self-control, we can effectively manage our finances and avoid falling into the trap of being broke. And when we embrace frugality, we become more conscious of our spending habits. We learn to differentiate between essential expenses and unnecessary indulgences.

 

[cherry123]

Brokenness comes with wasteful expenses, purchasing stuff which is needed only, is one of ways to reduce expenses to some extent. Another is to find ways to increase income that will help us.

 

[Nite]

Taking on a side job or starting a small business can help to increase income . People also need to budget carefully and prioritise spending on necessities rather than luxuries

 

[SHAHID987]

We normally like to read the life of successful people, but now I am thinking as we need to read life of broken people too. So we can better understand that why they broken down and then keep ourselves far away from those mistakes which they had done.

 

[Starmix]

With discipline and self-control, we can effectively manage our finances and avoid falling into the trap of being broke. And when we embrace frugality, we become more conscious of our spending habits. We learn to differentiate between essential expenses and unnecessary indulgences.

That's so right, if we can't manage well our finances, there's no reason why become broke. Overspending is a mortal factor that leads business to decline. It's not easy to make business shine again unless change the extravagance of the business owner.

 

[Nite]

Business owners need to be mindful of their finances and avoid overspending in order to prevent financial decline. Making necessary changes to reduce extravagance and focus on smart financial management can help businesses thrive and succeed in the long run.

 

[freelancermaria]

In my situation, I make sure that I have different income streams. I also prioritize saving and investing. I steer clear of taking out loans to prevent being broke.

 

[Shavkat]

I personally think that a company should not fall into a mismanagement situation. It is always the culprit for a company to be in a bankruptcy.

 

[King Belieal]

One way not to go broke is to plan your life well and make sound financial decisions that wouldn't pressure you financially.

 

[Ratine]

The brokenness is a very deadily disease that l usually don't want to hear about that.

 

[Stardom22]

One can really stay away from that disease by being creative by converting their hobbies into sources of income