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Showing posts with the label money management

A financial mistake

I went out of my home in the late 2006 in search of a living. I had to manage my finances all by myself. I was completely good at it. I did everything perfectly. Though I had a credit card, I was very good in managing it. Though there was a time when slightly I over used my credit card but still managed to take control of the situation. I did a lot of savings and of course some good stock investments. Things were going good, when one fine day things became some what worse. The main cause of that problem was there was way too much cash in my hands. Lot of cash made me very arrogant and hence my spending also went up. I used all my credit cards extensively and at a certain point lost track that when should I drop cheque for which card. Due to this confusion I lost track of all my billing cycles and hence interest charges were levied. As I mentioned I had good cash flow I somehow managed it. Then a time came when I felt that it is the right time for me to start a company. I quit my job an...