Podcast Beta
Questions and Answers
Investing in cooperatives does not bring any additional value to a person.
False
Earnings from cooperatives are not tax-free.
False
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.
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Donating and sharing with communities and the church are not good luck charms.
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Gambling is a recommended financial practice.
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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.
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Spending interest income while letting the principal stay is a recommended financial practice.
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