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| Money being swept |
A video reel by Chinmay Joshi as seen on Social Media, highlights the 5 ways you are wasting money. These simple ideas can be used by Christians to ensure they have a better financial lifestyle.
The first advice given by Joshi is that the failure to not invest in multiple platforms is a dangerous form of investing. He mentioned that one must invest in multiple platforms, as diversifying one's portfolio is very important.
Secondly, he opined that the habit of buying things online makes one lose money. The financial expert said while it looks easy to order things from one's place of comfort, one is losing money daily.
The third way Christians lose money as revealed by Chinmay is through impulse buying. Not having a plan of the things to buy is a bad idea, he said. Buying things because they are available and right in front of you is not right.
Saving before spending your income (salary and wages), is one habit those who do not want to waste money must do. This he mentioned as the fourth way to avoid wasting money. Joshi mentioned that not doing this is dangerous to one's financial health.
The fifth way he noted is the desire to blindly follow trends. Some of these trends may often be well beyond someone's income, and this is often caused by the desire to attain certain status by making comparisons with the lifestyle of others.
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