Quote: (09-12-2018 02:14 PM)2 Cool 4 U Wrote:
It's not just about making money, you need to learn how to save too. Just incase if you make little profit or you feel like you need to get away and take a break
100% agree.
I've been putting most of my profits away in my savings account to invest down the road.
The one exception to this is if you know your business model really well (the risks and the upside) and you can make way more money re-investing back into the business than you can by taking it out.
I also admit I haven't experienced a recession yet in business. Will be an interesting experience when it comes.