See 3 Reasons Many People Go Broke Before Month End – How To Stop being broke

2. Depending on one source of Income

Creating passive income is one of many ways in order to avoid going broke. But many prefer investing in several items that won’t put money back in their pockets.

Among why we invest is to avoid a dried pocket. The situation, however, is wanting to buy the summary of an instant turnover. Just work at investing a particular percentage of your income each month on a long-term asset or even a long-term investment programme that will benefit your over time. As an example, purchasing real-estate each month, over time is one great investment idea I really like personally. What about those making less than 120,000 per month ? My only advice is to step up your job, change your job or invesst a small percentage of it in crypto asset, join whatsapp groups where they share what crypto to buy or sell.