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personal finance...

02 Jan 2009 on learning

Everything You Ever Really Needed to Know About Personal Finance on the Back of Five Business Cards

Very interesting summary just at the back of the business cards!

  1. The most important thing

    1. spend less than you earn
  2. Earn more!

    1. get educated
    2. more income streams
    3. start a side business
    4. move towards your passion
    5. don't burn bridges
    6. keep in touch
  3. Live Frugal!

    1. maximise every dollar
    2. habits of all kinds are dangerous
    3. the 10 seconds rule
    4. don't make yourself miserable
    5. ... but don't forget the big picture
  4. Manage money!

    1. Pay off all high interest debt, such as credit cards
    2. Build an emergency fund
    3. Max out retirement
    4. Pay off all debts
    5. invest
  5. Control your destiny!