ABSTRACT

This is the part of making money which has little attraction, but is as important as any other. The old aphorism of ‘a penny saved is a penny made’ is true. What you spend at work, you cannot spend at home. It is very important to keep close control of outgoing money. Having said that, like all businesses, you need to continually invest. If you do not, you will slowly decrease your income and hence your spending power at home.