Personal Finance: Top 10 Things to Know
They also neglect to do so. This can potentially lead to disastrous consequences in the future. Therefore, it is very important to manage personal finances at a very young age. Here we try ten important aspects of personal finance that are very important for everyone. 1# Personal treasure: Spend less than you earn. A wise man said, "If you buy things you don't need, you'll soon have to sell the things you do need" (~Warren Bane). Spending is important, but one shouldn't go overboard. One needs to. Saving money at every stage. Delays here can have disastrous consequences. Basics of Personal Finance says this is a basic rule. Step 1 of personal finance management starts with savings. 2# Personal finance: A bad customer. Manage your credit cards and debts. This is another aspect of getting the basics of personal finance right. Credit cards are great if you use them well and to your advantage. If you pay your credit card bills on time you will definitely be a bad cu...