Most people think that it’s all about making a lot of money to get rich, but in fact, it’s more about saving money, and this also goes hand in hand with keeping your debt levels low
Everybody wants a nice car, but do you need one? Is it going to make a big difference when getting from A to B, or will this be the same in an ordinary car?
Budgeting not only helps us allocate the right funds for the things we need to spend money on but also gives us a general overview of what’s happening with our hard-earned cash.
This one is a given for anyone who strives to be wealthier. It’s easy to participate in luxury spending as one’s monthly income grows over the years
Most of the time, the point of saving money in the first place is to hopefully grow it to enjoy it further down the line. The only way to grow money is to invest it.
The best strategy regarding debt is to not have any at all, but somehow, this is not commonplace, especially in America if you’ve gone to college.
It’s so crucial to always have a reserve of cash that can be tapped into in case of an emergency. You never know when you’re going to need an urgent medical expense or have a breakdown with your car.