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April 13, 2021

What are the Basics of Personal Finance?

30 minutes

Personal finance is actually very simple and you have been doing it your whole life. Have you ever saved up money for that special toy you wanted? Well guess what you were practicing Personal Finance.

Have you ever had to make a decision between buying gas versus buying another pair of shoes? Well guess what that's also personal finance.

The only difference now is, you are doing it a grander scales so here are the absolute basic things you need to understand to absolutely dominate your personal finance life.

Always have this statement in mind "Live on Less than you make, Invest and Save the Rest". As long as you keep this in mind everything else falls into place.

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By Kelechi Iwuaba

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