It's essential to our long term wellbeing to manage our personal finances and know that this responsibility starts and ends with us. It's more important than ever to grasp the reality that no one can manage our finances better, it is up to us.
1. Never borrow money if you don't understand the risks.
2. We can't spend more than we earn.
3. Separate what you want from what you need.
4. Set aside time to read about money management.
5. Money management skills are learned through trial and error, don't get frozen out of the process due to fear.
See next week. Finwiz.
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