People pay more money trying to 'save' money than they pay to make money!

There are so many people who try to do their own taxes, or their own plumbing, or their own electrical work.

I wonder how many hundreds of billions of dollars 💸 people in just the US fail to make each year because they try to do themselves what they should hire a professional for.

Accounting services is a great example.

I'm sure plenty of people think "I can do my own accounting," but end up having to pay someone else to fix their messes. Accounting is one of those things that small business owners should definitely hire a professional for, because there are so many laws and regulations that can differ from state to state and industry to industry.

Hiring professionals makes sense if the benefits outweigh the costs (which they almost always do). Time and time again, people end up blowing through their savings and are worse off than before. Doing it yourself is not always the best way to go; people pay more money trying to 'save' money than they pay to make money.

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Businesses thrive on cash flows, not on profit alone