Personal Financial Success – the Three Fundamentals

Personal Financial Success – the Three Fundamentals

Basic personal finance comes from mastering three fundamental skills: Earning — your ability to bring in money through work Spending — your ability to spend wisely Saving— your ability to produce a surplus and earn interest or dividends on it Play to your strengths to build wealth Some people excel at one of the three skills, but not the others (you’re good at earning money for example, but struggle to keep your costs down). Others are good at two of the skills, but fall down on the third one (you might have earning power and keep your spending down, but have a low bank balance because you lack expertise in […]