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Do You Need to Be an Economist to Manage Personal Finances?
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[QUOTE="Jasmine, post: 250284, member: 49159"] You don’t need to become an economist to manage your personal finance, agreed; however, you still need knowledge of economics to manage your personal finances. Yes, you don’t need to become a finance guru to start investing, however, you still need knowledge of finance to invest and build your investment portfolio. With zero knowledge on economics and finance, it is impossible to manage your finances and build your income. Why do you think a lot of people end up becoming poor and only few people succeed? That’s because they don’t have money management skills. You want to invest in the stock market. How can you invest in the stock market without knowing about stock market? How can you know about stock market without having knowledge on economics and finance? Despite earning well, a lot of people are living a miserable life. Do you know why? Because they don’t know how to use their income to build wealth, they do not have any skills and knowledge to built their wealth system. [/QUOTE]
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Do You Need to Be an Economist to Manage Personal Finances?
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