- Those who think that financing is not their kind of thing
- Those who are scared of accounting and finance
- Those who are keen but new to field
Following are the two golden rules that can save a lot of your money which otherwise will get wasted due to bad financial decisions.
Rule Number 1:
Never invest your money without ensuring that the assets you acquire can generate a return which is atleast equal to the cost of your capital.
Rule Number 2:
Invest your money in such a way that the assets will generate an inflow of funds before the liabilities demand an outflow.