Identify what is most important to you. Eliminate everything else.
Debt feels like having to run 10 miles to get to the starting line of a marathon. It is impossible to get ahead.
DAD: The things that make life great can’t be bought. Money can only help extend your options.
DAD: Any time you are about to spend money, count to ten slowly and consider how this purchase may impact your life.
DAD: This method helps you to pay off debts with the smallest amount owed first.
DAD: There is no correlation between high levels of intelligence and high levels of financial wealth.
DAD: On the contrary, spending less brings more joy.
DAD: Don’t finance things that go down in value
DAD: Learn to exercise self control and delay purchases until you can pay in full with cash.
DAD: Most people are afraid to speak about personal finance because they are not comfortable speaking about something they know very little about.
DAD: Pay your credit card balance in full every month.
DAD: Strive to save 10 to 20 percent of your income.
DAD: Just get started.
DAD: Being good at money does not mean you don’t spend it. And not spending does not make you good at money.
Money should never be the goal. Money is a tool to help you accomplish your goals.
DAD: Most people who overspend their income in one of three ways: Too much house, Too much car, Too much entertainment
Tackle smaller balances first. This builds momentum and there are psychological reward to doing it this way.
Sadly, “Black Friday” is the day we trample people for things we don’t need, the day after being thankful for what we have.
Yes. You can buy anything you desire – as long as you have saved for it first.
DAD: When it comes to understanding money, ignorance is not bliss.