If you follow best practices for how you spend and save your money, your finances should essentially take care of themselves – and you should be able to benefit from the financial security that comes with making smart money moves.
Here are 12 rules of money you should keep in your mind
- It is a game and you should understand it
- Don’t be a hater of money
- Don’t be a slave of money
- Build systems to make money passively
- Always have an emergency fund
- Provide Wants and Needs – This is why people give out money
- Invest atleast 10% of your income
- It does not always take money to make money
- Use money as leverage
- You must be able to afford 5x the thing that you buy
- Money is a tool, use it to solve problems
- Money comes and goes, so invest in your knowledge