I was reading one of my favorite blogs, Get Rich Slowly, and found a pretty cool article, entitled: “Twelve Financial Truths.” Ok, it wasn’t really an article, but it’s from an article from the Wall Street Journal that GRS made bullet points for. Very useful, practical, concise advice. The most interesting point I found:
Your family could prove to be your greatest liability. It’s not just kids: adult children can be a drain on finances, and so can elderly parents who haven’t saved for retirement. Encourage your entire family to engage in sensible personal finance habits.
And the most practical point I saw was:
Fancy cars and expensive clothes aren’t a sign of wealth. They’re merely a sign of spent money. (Or, quite often, borrowed money.)
Enjoy
