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8 Lessons to Create a Budget
When it comes to the most vital skills in personal finance, I think learning how to create a budget is at the top. Whether you’re a college student, a stay-at-home parent, or a young professional, budgeting is a critical aspect of achieving financial success. I have learned a lot about personal finance and have consolidated my knowledge in this blog, here are 8 lessons to create a budget like a personal finance expert. Furthermore, know that how you manage your money by creating a budget can mean whether you become successful with money or not. Therefore, let’s start first with the first point, and that is having a goal. 1.…
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8 Money Rule of Thumbs That Will Make You Rich
There are many rules of thumb out there when it comes to life but what I want to write about are the most important ones that deal with money and getting rich. I love and rely on rules of thumb that help guide me in many facets of my life, especially managing my finances. A rule of thumb is a term for practical advice, a guiding principle based on theory or experience simplified enough to follow it (if we choose to) and yield success. What if we have the most critical rules of thumb about money to help guide us? I collected the financial rules of thumb passed on by…
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8 Lessons from the Richest Man in Babylon (On Wealth Building)
In 1926, George Samuel Clason published a series of pamphlets written in parables that was set in the ancient city of Babylon. The book became known as The Richest Man in Babylon and has become a classic in financial literature. I first encountered this little book when I graduated college and was blown away by the simplicity of the story and by the tried-and-true lessons it presented for accumulating wealth.
