Money Rules to Live By
While some take a lackadaisical approach to finance, its better to be prepared than passive. Here are some golden money rules to live by:
Track what you spend. Rounding up or estimating whats in the bank is a no-no. Know what youve got, where its going, and how to maximize it.
Be strict on yourself about what you actually need and what you want. People often confuse these! You do not need a $40 steak dinner, however, you need $40 in groceries.
Budget so that your salary isnt all dedicated to bills. Everyone from minimum wage to six-figures can have management problems and fail to make ends meet.
Blame no one but yourself for financial hardshippeople must adjust their spending to their circumstances. Its not your boss fault if you cant pay your bills.
Pay your taxes on time, and itemize whatever you can. Deductions may be smallbut they add up!
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