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Avoid Battling What You Don’t Want | Focus On What Makes You Happy

Posted by Jim on Feb 5th, 2013 · 0 Comment

Focus On What Makes You Happy, positivity

I realize this is not necessarily about finances or economics but to me, it is all intertwined. I read this verse, and am not really sure where it came from, but I think it has great meaning. “I place all my power in your care and trust you to do for me what I cannot do for myself”. Most of us have something in our lives that dictate our daily routine; whether its debt, joblessness,...
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Here are some simple guidelines that will help you build wealth:

1) Do the math. Get a budget and calculate your net worth

2) Get an emergency fund. Save at least 6 months worth of expenses

3) Limit costs. Spend no more than 30% of your income on housing

4) Max your retirement. Maximize contributions to your tax-deferred retirement accounts

5) Pay yourself first. Set aside money for yourself before you take care of your other bills

6) Set goals. Goal let you get ahead faster

7) Avoid high interest debt. Avoid credit cards, title loans and other usurious loans

8) Diversify. Diversity your assets.

Avoid Battling What You Don’t Want | Focus On What Makes You Happy

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Critical Financials’ Basic Personal Finance Rules

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