Link: 102 Personal Finance Tips Your Professor Never Taught You

Early retirement is no longer the baby of the rich. With the dedication to working towards that goal, anyone of us can be relaxing on the beach at Mauritius, sun-tanning, reading a book/orgling at girls and sippling a glass of iced-cool orange juice/beer at a young age of 40.

But before we can set our sights that far, it is critical that we armed ourselves with the necessary knowledge of creating income, multiply it and finally accumulating wealth.

In addition to what you have gleaned from your finance textbooks, here are the extra 102 tips that your professor never taught you in college. 

Here’s my favourites:

  1. Take a deep breath. Even if you’re only able to follow the first seven tips, which are the real basics, you will have already succeeded in making a huge positive difference in your financial life.
  2. Money isn’t everything. Health, family, and happiness are important, too. And remember, money can’t buy you love.

Kudos to #102! :)

Follow this link to more financial tips: http://www.yourcreditadvisor.com/blog/2006/10/102_personal_fi.html

[tags]Financial freedom,Finance tips,Invest,Financial planning,Retirement[/tags]

TrackBack URI | RSS feed for comments on this post

2 Responses

  1. 1 Wulfen
    2006 Nov 08

    Hi there!

    This comment is about post #102.

    I see happyness as a table. A table needs at least 3 legs to be stable. If one leg is missing, the table can’t stand and falls down. The 3 primary legs are health, love and money. So I think the 3 most important things one can do to boost his overal happyness, and thus his self-esteem, is to do sports or go to the gym, to improve himself as a potential partner, and to control his/her finances.

    Also this point is critical:

    37. Keep track of your spending.

    In fact I’d say… keep track of everything! That which you monitor, you will improve. That which you lose track of, you will not control.

    So track what you spend, and try for it to be less. Track what you earn, and make it be more. Track your weight (in http://www.fitday.com for instance). Track the time you spend actually working vs procastinating. Whatever it is that you want to improve, track it. If you can make progression graphics, the better. It’s nerdy, but it works.

    Best regards,

    Wulfen

  2. 2 Kloudiia
    2006 Nov 08

    Hello Wulfen

    Thanks for your first smoochie!

    Yup, agree that the 3 pivot legs that can threaten a person’s stability is love, money and health. At the same time, I find that happiness is really a state of mind rather than an end that is achieved when we attain certain goals for example.

    I like this – “That which you lose track of, you will not control.” :) Makes so much sense.

    Hope to see you around often here!


Leave a reply

 

Links