10 commandments of personal finance




10 commandments of personal finance

These rules are quite simple, but, nevertheless, they should always remember.

Spend less than you earn.
If you were with a bunch of loans / debts on hand, choose the one with the highest interest rate and pay it to the maximum contribution by reducing premiums for the rest to a minimum. Closing it, select the next highest rate loan and make maximum contributions to it, etc.
Never assume that “future you” or someone else could get you out of the consequences of your stupid decisions today and error. Remember, only you can make the best decision for you.
The fastest way to restore the shaken financial position – tight rein in your impulsive spending .
Life is full of unexpected events, so keep an emergency supply of at least 10 thousand rubles for a rainy day.
Be completely open in front of your “second half” about each earned or spent your appreciation.
Buy things that will last you as long as possible for the best possible price – you will almost never be upset by such purchases.
In critical situations do not hesitate to ask for help to the employer.
Selecting stocks for investment, remember that success in the past does not guarantee income in the future. Besides profitability note expenses selected company.
If you have loved ones who depend on you to take care of life insurance. However, proceed carefully and do not overload your policy and let a bunch of cheap, but useless options.

Use these simple rules, and your financial situation will be in order.


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