you can prepare for your financial future one dollar at a time and the earlier you start thinking and acting accordingly, the sooner the better. You need to take the necessary steps to build, to grow, to invest & reinvest what you grow & ultimately protect & preserve your wealth.
So here’s my advice for you, if you can understand and accept that your eventual financial success is a journey that will consist of ups and downs, that as long as you make the right decisions, you will grow throughout this journey.
You will need to save and invest money to ensure continued financial security. So here are some important financial rules that if applied early and often will afford you some financial stability:
1. Ensure you have a core account
2. Know where your money goes i.e Make a budget & follow a strict calculated budget to reduce risk of overspending
3. Don’t indulge too often on unecessary expenses
4. Save one third of your income& Save money whenver you get the chance to do so
2. Know where your money goes i.e Make a budget & follow a strict calculated budget to reduce risk of overspending
3. Don’t indulge too often on unecessary expenses
4. Save one third of your income& Save money whenver you get the chance to do so
5.Start an Emergency fund
6.On that note, select your loans carefully
7.Pay off your debt
8.Get an understanding of taxes (from a professional ie advisor)
10.Protect your wealth
11.Prepare for your retirement in advance through saving
6.On that note, select your loans carefully
7.Pay off your debt
8.Get an understanding of taxes (from a professional ie advisor)
10.Protect your wealth
11.Prepare for your retirement in advance through saving
