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Benefits about having personal finance

Sagot :

Answer:

1. It will help you get out of debt

2. It gives you a piece of mind, which is being more smarter than you already are

3. It would help you develop a abundance mindset

4. When you plan with a purpose and manage your money effectively, you will actually have REAL money, if that makes sense

5. You will have higher savings rates for retirement

Explanation:

In my opinion, there are no disadvantages of financial planning.  When you give every dollar a purpose and a mission, your attitude towards money will change and you’ll find yourself becoming more intentional with your decisions.