FOLLOW Focus on... Building an emergency fund: set up an automatic weekly or monthly transfer from your checking account to your savings, then leave the savings alone until an emergency appears. Eliminating high-interest debt: Set up a simple debt repayment plan by organizing your debts by interest rate, then attempt to make a double payment on whatever debt has the highest interest rate. Saving for retirement: It will actually end up being a much smaller burden than you expect, lifted up by the pleasure of knowing that you’re securing your retirement.
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FOLLOW 20 Rules of Personal Finance
Meb Faber asked a bunch of us bloggers to give him our top 3-5 most read blog posts of the year. I looked back at my trusty Google Analytics for the first time in a while and discovered that two of my
Salary is not the same as savings Having a high salary does not automatically make you rich; having a low salary does not automatically make you poor.
Your net worth is more important than how much money you make. It’s amazin...
Saving is more important than investing Pay yourself first is such simple advice, but so few people do this.
The best investment decision you can make is setting a high savings rate because it gives you a huge margin of safety in life.
Live below your means... ....not within your means.
The only way to get ahead financially is to stay behind your own earnings power.
FOLLOW When budgeting comes in handy You have no idea where your money is going. You’re chronically overspending. You’re not saving any money. You struggle to afford the things you really want. You... FOLLOW 12 Personal Finance Tips and Tricks to Make You Rich - Swift Salary
When you read a lot of finance books & blogs, you come across a ton of different personal finance tips and tricks. This can make personal finance seem like a massive, overwhelming, and complicated topic, but it's really not. It's so simple that I've broken down the personal finance basics into just 12 quick points.
Side Hustle to Make More Money
You don't have to sacrifice all of your free time to start a side hustle,
use the time you’re comfortable with and make a little bit of progress every day. Take Action Get to working on improving your finances today, not tomorrow. Reading the steps and thinking you’re capable of doing it but postponing it is just an excuse, an unprofitable one. Communicate With Your Partner
Talking about your financial goals, and scheduling time once a month to go over your finances together can
prevent money from affecting your relationship. Deepstash is better on the app. Discover new ideas and get inspired daily. GET THE APP SIGN IN