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12 Money Rules You Need To Live By

12 Money Rules You Need To Live By

Have you ever thought of putting rules on your money?  It is a pretty interesting concept.

We tend to have rules for every other area of our life…how much to eat, how much we should watch TV, limiting the amount of social media, amount of time to brush our teeth, etc.  Then, that love hate relationship comes up with rules.  We love rules because they provide structure and guidance when we need it the most.

We hate rules because rules are meant to be broken.  The golden rules are the ones that should be so ingrained in our lives that we don’t think differently.

Do you have a list of money rules?  Maybe a few in your head? But, probably not on an actual list.

The bottom line is having a list of money rules to live by will life changing and make things easier.

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These financial rules of thumb will make your life easier. Guaranteed.  More than likely, you hope to manage your money well and have extra left over each month.  Not that I want to burst your bubble, but does that truly happen every month? Be honest.

Learning how to manage money is a skill that must be learned. And unfortunately, for a good majority of us, that skill comes from the school of hard knocks. Money management and personal finance principles aren’t “important” subjects to be taught in schools.

Today, we are going to start out with a simple list of money rules.

A list to remember. There are more than 7 rules of money. Not a list of 30+ rules of money. A simple list of 12 money rules that you can actually memorize.  Money rules that will help us enjoy life and reach financial independence.   There is good reason to have financial rules guiding our path.

Why Is Personal Finance Important?

Personal finance is not just for those that find it interesting.

Everyone needs to know the basics of personal finance principles to become wise with their money.

The best part is you need to know the minimum financial rules to be successful. You don’t need a CFP, a financial advisor, or have a degree in accounting and finance. You must be willing to learn a few things to be successful.

That is all.

Specifically, here are personal finance guidelines:

 

To continue reading, please go to the original article here:

https://moneybliss.org/money-rules/

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