Showing posts with label The No. 1 rule of personal finance. Show all posts
Showing posts with label The No. 1 rule of personal finance. Show all posts

Saturday, December 21, 2019

The No. 1 rule of personal finance

The No. 1 rule of personal finance is to spend less than you earn. So if you want to get ahead financially, it’s important to save money where you can.

But if you really want to improve your finances, there’s the flip side of that equation to consider as well – making more money. With a side hustle or money-making hobby, you can give yourself a raise whether your employer wants to or not.

Here’s the truth no one wants to talk about: Learning how to make money can improve your finances in ways that saving money simply cannot. There are only so many ways to save, but there are an unlimited number of ways to earn extra money you can use to pay down debt, save for the future, or actually have some fun.

If you’re eager to boost your ear

Open an Etsy store.

Open an Etsy store. If you have a creative talent or skill – whether it’s creating art, sewing clothes, or making keepsakes – you can open ...