Question

paragraph on spending of money effectively​

Answer 1

There are some ways given below through which you can use your money wisely:-

• Make a plan
• Save for the short term
• Invest for the long term
• Use credit wisely
• Choose a reasonable rent or mortgage payment
• Treat yourself
• Never stop learning

Answer 2

Answer:

Spending money effectively -:.

Spending your money effectively is very important because it will make you realize your priorities. Spending money makes you de - stressed because going out shopping will make you forget about daily problems or struggles you are having in your daily life. Spending money effectively basically means getting the most of your money in line with what matters you the most . This in turns helps u to save more and puts you on the path of achieving goals . This can provide u 100% control on your money and will help in organizing your spendings. It will help you to learn value savings over products.