Techniques of investment-boosting and portfolio-multiplying

Money management is a strategic technique employed at making money yield the highest of interest-yielding
value for any amount of it spent.Spending money to provide answers to all cravings(regardless of whether they are justifiable or not to be included in budget basket)is a natural human phenomenon.The idea of money management techniques is developed to plummet the amount individual,firm and institutions spends on items that add no significant value to its living standard,long-term portfolios and asset-basins.Warren Buffet,in one of his documentaries,admonished prospective investors to embrace his highly-esteemed "frugality" ideology.This is the basis of every sound money management formulas.The following are powerful techniques that can be employed in making every expense made to be worth it: 1.cutting your budget on social needs 2.avoid any snob-appealing expense 3.always go for the most cost-efective alternative(establishing small quality-variance bench-mark, if any) 4.increase expenses more on interest bearing item than any other thing 5.establish the expected benefits of every desired expense using the canon of plus/minus/nil to standard of living value system.These techniques are investment-boosting and portfolio-multiplying.