How to Manage Your Money? | Money Management Tips Malayalam | Dr. Mary Matilda

In life, spending is inevitable and necessary but by judicious management of money, one can enjoy financial security and peace. This video is especially meant for people who undergo mental stress in money matters. The lack of awareness in money management is the root cause of all financial stress. Knowing how to manage your money can improve finances and your life. In this motivational video, Dr. Mary Matilda explains ten simple and practical tips for managing your money effectively. For effective finance management at home, she emphasizes the need for a proper accounting system in the family, monthly budget planning, and the importance of being a prudent consumer. She cautions us of the common money traps that can pull us into debts. She also reminds us that excessive love for money can become a cause for strained relationships and unhappiness in our lives. There are entities which we all treasure in life that can’t be purchased with money, like happiness and peace of mind.