Personal finance is about values, habits and mindset and not only about money.
No matter what you do or say, you will be judged. So, why not be true yourself.
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.
Personal values and spending habits are unique to everybody. Spend based on your personal values.
There are no guarantees. Make sure you spend less than you earn and save for the future.
DAD: Pay your credit card balance in full every month.
DAD: Strive to save 10 to 20 percent of your income.
Being good with money does not mean you don’t spend. And not spending does not make you good with money.
DAD: Just get started.
Somebody who has insight into the possible consequences of money decisions and the impact on their family and long term financial freedom.
Money is not good or bad. It is merely a vessel that allows us to live our lives according to our values.
DAD: Being good at money does not mean you don’t spend it. And not spending does not make you good at money.
Start by investing in your personal development and become an expert in one thing.