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Spending money is important.Chanakya says that if a person wants to become rich, he should know how to save money and how to spend it. It is unfair to save more money than necessary. Chanakya has given an example of how, like the water in a pond, it rots if it stays in one place for a long time. Similarly, keeping money for a long time also loses its importance. Charity is the best way to spend money. Money does not decrease by donating; it gets doubled. Money should be invested in the right things. It is similar to the security of money.
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Save money for a secure future.Chanakya says that money should be put to good use, but it is very important to curb unnecessary expenses for a secure future. Donate a part of the earnings and use the money for investment. Talking about today's time, definitely invest in insurance, health plans, and education plans. They will not only support you in difficult times but will also improve your future.
Don't be greedy for money.In the greed of money, a person goes down the wrong path. He is ready to go to any extent to earn money, but he can never be happy by doing so. Chanakya says that one should never be arrogant when money comes. Those who show off their wealth are on the brink of poverty.
This one mistake earns a king's ransom.Money should always be earned the right way, because wrongly earned money only lasts for a short time. According to Chanakya, the earnings made through unethical methods get destroyed very soon; the life span of such money is only ten years. Even in these ten years, a person's wealth flows like water. You have to spend unnecessarily on one or the other.