SAVINGS vs RESPONSIBILITY

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Last tuesday i attended a seminar about financial management system. It was a free registration given by one of the successful financial advisers in the Philippines. Though the meeting was delayed to start but still it was a very useful and worthwhile seminar given to us. The first topic was about how to increase your cash flow. It was defined that increasing cash flow, you must increase your savings and reduce expenses especially expenses that are not necessarily needed. The importance here is that once you increase your savings thus the probability of handling responsibility is smaller. So in this topic, i was totally amazed and able to apply immediately on my personal and professional matters.