If it takes a minute to earn money, it can take less than 30 seconds to lose all of it. In simpler words, it is difficult to earn money but easier to lose all of it.
In simpler words, you have to accept that when you are the CEO of your money; you’re the one accountable for everything.
1. Take responsibility
2. Define roles. A household is not just operated by one single person, much like an organization. There are other key professionals equally sharing the workload and responsibilities. In the context of a firm, it is the CEO, COO, and CFO.
Here you can look at strategic, operations, financial and human capital management
3. Creating a management system