Key 1 Pay your self first
key 2 Saving is not a punishment. Its making choices about how you'll use your money.
Key 3 Financial sucess involves hard choices. Be prepared to make them.
Key 4 Make a budget and stick to it.
Key 5 Future financial independence is worth present sacrifices.
Key 6 If you cant afford it pay cash, pass.
Key 7 Communicate with your creditors, especially if you are going to be late with a payment.
Key 8 As soon as expenses rise to the level of your income, trouble is not far behind.
Key 9 Self-discipline is the key to any sucessful financial program.
Key 10 Balancing your checkbook with each statement is essential. It costs only 15 minutes a month and is one of the best investments you can make.
Key 11 If you dont know where your money is going, you cant decide where to spend it.
Key 12A penny saved is a penny earned.
Key 13 You never know whats going to happen. Tuck away an emergency fund of at least 3 months.
Key 14 Save at least 10 percent of each paycheck.
Key 15 Beware of small expenses. Each muffin and cup of coffee on the way to work adds up over a years times.
Key make a list your basic, essential living costs and add them up to get a real picture of what you need to cover your monthly nut.
Key 16 Avoid the temptation of buying more than you need just because its a good price. You cant afford the savings.
Key 17 If you have multiple crdit cards, pay down your highest intersts cards first.
Key 18 Paying at least double the minimum required each month will show progress.
Key 19 Re-evaluate your personal budget at the begining of every year and adjust where needed.
Key 20 Teach your children how to save.
Mike Magana is a personal finance coach that helps families in reducing their taxes, getting out of debt, and controlling there living expenses. Please reach me at personalfinancecoach@yahoo.com for any comments.
Is it hard to get rich? If you're young, not... Read More
1. Save up to 50% per month on convenience cleaner... Read More
Let's begin easing you out of the pits. I mean,... Read More
There could not be a better time to mull over... Read More
Financial planning often gets a bad rap. Part of the... Read More
"The quickest way to wealthThat I've found to be true;Is... Read More
Would you like to profit from your own information empire?... Read More
Imagine being able to steal untold millions of dollars in... Read More
Endowments and endowment mortgages have received a lot of bad... Read More
How many people search Google, Yahoo and MSN each day... Read More
The rewarding of high compensation packages to top executives who... Read More
Do you have financial problems? Then a budget is the... Read More
Want to be one of the lucky ones on the... Read More
Many people assume that the offshore world is accessible only... Read More
There is no questioning that the amount of unclaimed money... Read More
Whether an established conglomerate or a fledgling company, a business... Read More
The business of banking has changed dramatically over the last... Read More
Very few people whom I know are familiar with the... Read More
Whenever we read about building wealth or even attend a... Read More
In theory the idea of generating additional (and passive) business... Read More
Financial planning at an early age may seem complicated, however... Read More
When I look around at all of my friends, and... Read More
Turn to the year 1999, a couple of friends sitting... Read More
Many people don't realize how much money they spend on... Read More
To budget, to have a budget and to be on... Read More
I am often amused by the ads and offers I... Read More
Most people work hard all their lives only to "retire"... Read More
Six out of six people who were asked to list... Read More
You've been thinking that your financial life could probably be... Read More
At any time in history, no matter what the current... Read More
What if I told you that reading a book would... Read More
Masters degree not required...just a little common sense, a $5.00... Read More
Building wealth is as simple as saving a little bit... Read More
While you need to have a lot of positive-thought and... Read More
An ellipsis to your success is hidden in the word... Read More
Let's begin easing you out of the pits. I mean,... Read More
Anyone knows that material wealth is measured in goods: apples,... Read More
This retirement account is so new and unique that you... Read More
Are you setting the right money goals?Most people believe having... Read More
There are many forms of investing online. While I can... Read More
If you're wondering where to create passive income, then you... Read More
Top Investment PerformanceThroughout history, many coin collections have produced substantial... Read More
At any time in history, no matter what the current... Read More
Why is it that the older and richer people become,... Read More
One very important wealth creating habit is to set up... Read More
One of the things most of us have old ideas... Read More
Want to be one of the lucky ones on the... Read More
Financial planning often gets a bad rap. Part of the... Read More
Planning for the undesired, accidents and possible unknowns in life.... Read More
Everyone wants to be wealthy, but most of us do... Read More
Most people work hard all their lives only to "retire"... Read More
To budget, to have a budget and to be on... Read More
Like I said, If you are poor and on social... Read More
I want to share an experience I had in common... Read More
E-currency is very popular on the Internet today. People use... Read More
When young men ask me how to succeed, I tell... Read More
Masters degree not required...just a little common sense, a $5.00... Read More
Simple tips on saving can very often make quite a... Read More
I have given many prosperity lectures over the years and,... Read More
If you're reading this article, it means you are a... Read More
It's no secret that the market goes UP...the market, goes... Read More
I recently came across startling figures about the average American's... Read More
U.S. Supreme Justice Louis D. Brandeis"I live in Alexandria Virginia.... Read More
Steve Martin once delivered an opening monologue for Saturday Night... Read More
Wealth Secret 1 - Decide Your Outcome Right Now.Unless you... Read More
You have $100 in your bank account, your rent is... Read More
Wealth Building |