Monday, July 31, 2006

TOP 10 Money Rules

  • Save your money and get interest. Work to make money at the same time.
  • Always have and work towards a financial goal. Adjust your goals as necessary but never abandon them.
  • Begin a retirement and investment account now. The earlier you start a long term savings/investment account, the bigger the payoff in the future.
  • If you don't have the CASH to pay for it, you can't afford it. Bring able to make the instalment payments doesn't mean you can afford it.
  • Money isn't everything and greed is not good.
  • Save at least 10% of each and every paycheque. Force yourself to do this. It will pay off in the LONG run.
  • A sale in a store is not a sale if you can't afford it.
  • Earn some, save some, spend some.
  • Spend less than you earn.
  • If your outflow exceeds your income, your upkeep will be downfall.

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