Financial Advice For Richer Life

Get greatest financial advice from our project Black4Black. If you like it, read more on

Let’s face it, the basics of personal finance are so simple that anyone can get the concepts down – spend less than you earn, save and invest the rest.

Here are some financial advice that will help you get richer and happier. Find more detailed financial advice here.

1.    Money Doesn’t Buy Happiness

True happiness comes from the opportunities money mikes available so that you can do the things that you want to do if you hive no idea whit these things are.

2. Goals Are the Key

Make specific financial goals and take the necessary steps to fulfill them. It’s difficult to get there is never more true with your financial goals. Take the time to write down your financial goals in detail. Then write down the action steps.

3. Don’t succumb to Impulse Purchases

Don’t spend money unnecessarily. Impulse spending (or spending money on anything that isn’t important to you and your goals) is the worst type of spending that you can do.

4.    Buy Memories, Not Things

When it comes to spending the money that you do have, buying experiences and memories with those whom you care about is a much better use of your money than purchasing material things.

5.    TV Is a Dream Killer

Most of us believe we never have the time to do all that we want. But the opposite is true. We waste too much time watching others live their lives on television. When we spend our time watching TV instead of fulfilling one of the action items on our to do list, this is one of those major poor choices.

6.    Money Seduces

It’s a fact of life. At some point you will likely be offered employment that pays you more than what your dream job will pay, or a good salary when you aren’t yet sure what your dream job is.

7.    Financial Mistakes Aren’t All Bad

We all make more than our fair share of financial mistakes, and you’re going to make financial mistakes, too. The key is learning from them instead of repeating them over and over again.

8.    Do What You Love and the Money Follows

The money probably won’t be there at first, and it might seem impossible for you to figure out a way to make money from it, but if you are truly passionate about it, there is a way to succeed and make a living doing what you love.

9.    Money Is Emotional

You know yourself better than anyone else, and what motivates you. What motivates you and what motivates someone else may not be the same. Take this knowledge and use it to your advantage.

10. Embrace Compound Interest

If you want to be wealthy, understand compound interest and how it is your best financial friend from an early age. To retire early you don’t need to make a lot of money. All you need to do is begin saving small amounts early.The earlier you begin to put money into retirement savings, the more you’ll have, and the sooner you will be able to retire.


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