The 3 areas of money management that confuse the most is Confusing Profit With Cash, Failing to Manage Cash Flow and Spending Too Much Too Soon.
What is Money management?
Money management refers to a conscious attempt to track expenses, investing, budgeting, banking and assessment tax liabilities
Some area of money management that confuse people in general includes:
- Spending Too Much Too Soon
- Overestimating Future Sales
- Failing to Manage Cash Flow
- Not Analyzing Prices
- Mixing Personal and Business Finances
- Confusing Profit With Cash
However, the 3 areas of money management that confuse the most is Confusing Profit With Cash, Failing to Manage Cash Flow and Spending Too Much Too Soon.
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