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Gradually Regimented Into The Service Of The Privileged Few

Posted by Jim on Mar 20th, 2013 · 9 Comments

Service Of The Priviledged Few, fireside chat

Found this wonderful Fire Side Chat by the 32nd President of These United States, Franklin Delano Roosevelt. Referred to as FDR, Roosevelt was instrumental in creating the New Deal. FDR served during the Great Depression, and was considered the father of American Liberalism. He is the only U.S. President to serve more than two terms, because he believed he could single-handedly resolve the challenges...
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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.

Gradually Regimented Into The Service Of The Privileged Few

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Critical Financials’ Basic Personal Finance Rules

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