1. Should have EMERGENCY FUND – sufficient for six months of bills/present life-style.
2. SAVE MONEY and MONEY WILL SAVE YOU. Don’t save what’s left after spending. Solely spend what’s left after saving.
3. Greatest to have ZERO DEBT, if you happen to can’t pay money, you CAN’T AFFORD it, nothing beats PEACE OF MIND.
4. Keep away from pointless spendings, neglect sale value, every part is 100% off while you don’t purchase it. Don’t waste your cash on issues that you just don’t want, even when they’re low-cost. EVERY PESO COUNTS!
5. Be taught to BUDGET – it’s telling your cash the place to go as an alternative of questioning the place it went!
6. If we purchase issues that we don’t want, we should SELL THINGS THAT WE NEED.
7. PRETENDING TO BE RICH could make us poor. Should study to dwell BELOW MEANS. Don’t go broke attempting to look wealthy. ACT YOUR WAGE.
8. MONEY IS NOT EVERYTHING, however we can not deny the truth that we NEED cash for our FAMILY.
9. All the time have a BACK-UP PLAN for all times’s uncertainties. Begin having your private LIFE INSURANCE, HEALTH INSURANCE with INVESTMENT.
10. Let’s break the TOXIC FAMILY CULTURE about FINANCES. Your youngsters isn’t your retirement fund, and your dad and mom isn’t your emergency fund.
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