Prefer renting over buying
One of the things financially astute people learned it’s important is to understand the market and the economy. While you have all the resources to buy anything you’d like, the advice of many would be not to. Why is that? Because sometimes, the economy is going downwards, taking everyone with it.
So the best advice when it comes to buying real estate, for example, is to choose to rent over buying. While it might seem like a good idea to buy a new house, it depends a lot on the market and its current situation. If the economy goes bad, ending up with a real estate property, won’t be having the best outcome.
Next, you should sign out instead of signing up…..
1 thought on “14 Things Financially Astute People Never Do”
Buying brand new cars is OK as long as you keep long enough to use them up.
Buy cars too frequently (new or used) is what is not financially astute