Podcast
Questions and Answers
Investing in cooperatives does not bring any additional value to a person.
Investing in cooperatives does not bring any additional value to a person.
False
Earnings from cooperatives are not tax-free.
Earnings from cooperatives are not tax-free.
False
Borrowing or availing of loans for non-productive or non-entrepreneurial purposes is encouraged.
Borrowing or availing of loans for non-productive or non-entrepreneurial purposes is encouraged.
False
Spending more than one can earn is a sound financial practice.
Spending more than one can earn is a sound financial practice.
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Donating and sharing with communities and the church are not good luck charms.
Donating and sharing with communities and the church are not good luck charms.
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Gambling is a recommended financial practice.
Gambling is a recommended financial practice.
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Slowly building up share capital (investment) is not encouraged.
Slowly building up share capital (investment) is not encouraged.
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Maintaining an inventory of one's monies and investments, and updating it with comparisons and analysis, is not necessary.
Maintaining an inventory of one's monies and investments, and updating it with comparisons and analysis, is not necessary.
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Spending interest income while letting the principal stay is a recommended financial practice.
Spending interest income while letting the principal stay is a recommended financial practice.
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