7 rules to managing your money like a financial expert
Managing your money properly does not require a university degree in personal finance, neither does it require you to have a textbook knowledge of what management is about.
All it takes you to manage your money to achieve your financial goals and attain financial independence is just for you to follow certain rules of money management.
These seven golden rules can help you manage your money well if you practise them.
1. Pay yourself
Paying yourself first is the first golden rule you need to manage your money well. Apart from paying bills and taking care of other necessary expenses, you’ve got t start rewarding yourself too.
Put yourself on your payroll, and give yourself some financial reward for working for your future by paying yourself.