Let’s cut right to the chase here…
Personal Finance is hard.
There’s no doubt about it. While it may be easy for a select few, it seems for most of us it is a hard thing to do and to keep up with. If it wasn’t so easy our country’s personal debt problems wouldn’t exist. Remember, the average american has about $15,000 in credit card debt.
But there is hope. There are TONS of books and blogs (like this one!) about personal finance. There are programs to help you get a handle on your finances and find out where your money is going. And that brings me to the most important financial rule.
NEVER STOP LEARNING.
In fact that could be applied to every area of life. Everyone makes mistakes. Everyone makes bad choices. Everyone falls. The key is to keep moving. Keep learning. Keep doing.
I’m reading an incredible book right now that has completely changed the way I look at finance. It’s called The Millionaire Fastlane. After I’m done reading it I plan on sharing some of the stuff I’ve learned from it. In short, it has ignited a passion in me and completely turned a lot of what I know about personal finance on its head.
But that’s it. The most important financial rule is to Never Stop Learning.
Keep reading. Keep trying. Keep going.
More to come…