Tuesday, February 15, 2011

My Ten Commandments of Personal Finance - From Balance in Me

From Balance in Me

1. Spend Less than you earn.

2. Thou shalt remember to always pay thine self first.

3. Behold the power of compound interest, the most powerful force in the universe.

4. Thou shalt always track thine household income and expenses.

5. Thou shalt understand the difference between a want and a need.

6. Don’t be a financial jellyfish; Remember the Budget and keep it holy.

7. Thou shalt avoid paying interest.

8. Ensure thine spouse is involved in the financial decision process.

9. Blessed are those who understand that high wages do not beget financial freedom.

10. Thou shalt undertake your chosen vocation for love, not money.

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