Spend less than you earn. This one, simple practice will save you a world of trouble. As Dave Ramsey says, “act your wage.”
Use your bank’s auto-pay system. Setting your recurring bills on auto-pay helps ensure you’ll never miss a payment and incur costly late payment fees.
Limit others’ access to your money. Beyond creating strong passwords, make sure you maintain control by sending payments rather than allowing others to draft your account.
Read the fine print. Don’t sign any financial documents until you understand exactly what you’re agreeing to.
Keep college loans under control. Don’t spend more on higher education than you’ll earn in the first year.
Protect yourself and your family. Cover the basics with life, health, home and auto insurance.
Pay down debt. It really doesn’t matter if it’s good or bad debt. Simplify life by getting rid of any debt that’s hanging over your head.
Educate yourself. Protect against scams by arming yourself with information from multiple independent sources.
Practice giving. Sharing your wealth with others fosters an attitude of abundance that permeates your entire life.
Pay yourself first. Every time you earn money, set aside a predetermined percentage for both long- and short-term savings.
Read why Dave Ramsey says giving is one of the best benefits of becoming wealthy and other financial advice on SUCCESS.com.
If you need a website for your business, church, or non-profit – with all the extra tools needed for success, you need to check out http://www.freeagentprofits.com
We only recommend products and information that we own or have otherwise personally checked out ourselves . For doing so we may receive compensation. The information on this website is opinion, based on personal research and experience.
No level of personal, professional, or financial success if guaranteed. Results are unique. Your results will vary. Always consult a qualified professionals when making decisions related to your health, finances, or professional behavior.
Money
Related terms: Got Money, MSN Money, Drug Money, Clip Art Money, Unclaimed Money, Money.cnn, Money Backgrounds, Million Dollar Money Drop