What Not to Do With Your Money
- Do not gamble. Rose points out there are tons of other ways to use your money, including investing it rather than trusting pure luck.
- Do not have too much of it sitting in cash. It is wise to have a little cash for savings and emergency, but too much cash sitting outside of a proper account is simply being complacent with your money.
- Do not buy things you don't understand. Even if something is all the rage, you don't need to invest in it if you simply don't know the intricacies of it. As an example, Rose points out how many eager people clamored to invest in cryptocurrency when it first came out.
Hear the rest of the financial tips and missteps by watching the video.
Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.
EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.