These rules are quite simple, but nevertheless they should always be remembered in order to conduct personal finances effectively.
- Spend less than you earn.
- If you find yourself with a bunch of loans /debts on hand, choose the one with the highest percentage and pay the maximum contribution on it, reducing the contributions on the rest to a minimum. After closing it, choose the next loan with the highest rate and make the maximum contributions on it, etc.
- Never think that the "future you" or someone else will be able to pull you out of the consequences of your stupid decisions and mistakes today. Remember, only you can make the best decision for you.
- The fastest way to restore a shaky financial situation is to keep your impulsive spending firmly in check.
- Life is full of unforeseen situations, so keep an inviolable reserve of at least 10 thousand rubles for a rainy day.
- Be completely open to your soulmate about every ruble you have earned or spent.
- Buy things that will last you as long as possible at the best possible price — you will almost never be upset by such purchases.
- In case of critical situations, do not hesitate to ask for help from the employer.
- When choosing stocks to invest in, remember that success in the past does not guarantee income in the future. In addition to profitability indicators, pay attention to the expenses of the selected company.
- If you have loved ones whose lives depend on you, take care of life insurance. However, act carefully and do not overload your policy with a bunch of cheap, but useless options.
Use these simple rules, and your financial situation will be in perfect order.
(based on motives)
