In order to ensure a prosperous future without financial problems, consider this list of everything you should know and learn about personal finance.
- Money is a tool to get what you want, is not the ultimate goal.
- Your mind is the most important asset.
- There is little correlation between pay and happiness, but only to a point.
- A financial goal that has no deadline and plans to perform, is only a financial desire.
- You are the only person who really takes care of your money.
- There is no single valid prescription to manage money.
- You can have what you want in life, as long as they Metallic and prioritized.
- If you want happiness, the most try to spend their money on experiences rather than things.
- The purpose of an investment is to get as profitability . after taxes and expenses
- the best investment: investment in yourself.
- You have a limited ability to save money, and an unlimited capacity to spend it .
- You control what you can with what you think is possible.
- 99% of the financial news will not affect their investments.
- Investing can be as easy as putting your money into a pension fund well managed.
- for a young investor is better to concentrate on how much money is accumulating rather than the marginal increase in performance of their investments.
money without time, it is useless. - You do not have to make money the same way you lose.
- Learn, investigate and understand the magic of compound interest.
- The quickest way to lower your wealth is to borrow money to buy a depreciating asset.
- You can borrow to pay for college for their children, but not for retirement.
- The unexpected it will happen, an emergency fund is very important.
- It is necessary to ensure the assets are exposed to any risk, remember that you are part of their wealth.
- A financial habit can only be changed in a moment of calm.
- Do not underestimate the amount of money you need to live your desired life.
- A wage increase should be reflected in an increase in savings.
- The money produces more money.
- The aim of money: I manage to achieve their life goals.
- Investing is simple, but not easy.
- The purpose of a budget is not to see where the money went, but to determine where it should go.
- The information does not necessarily lead to action.
- You must always maintain the willpower to meet their financial goals.
- Life is not about money.
