Last week I shared few basics of money management.
But are the basics enough?
We all have our own unique ways to handle and manage.
Hence you don’t need to limit yourself to one piece of advice in the quest for financial success.
Previously, I have said one must consult experts for financial advice.
Hence this week I share the best money tips for money management from the experts. Implement them today for you’re investing, trading, saving, and planning.
Here it is, check it out a few of my favorite finance feeds!
Stop playing the victim.
– Robert Kiyosaki
Robert Kiyosaki is one of the most well-known names in personal finance largely due to the success of his best-selling book, “Rich Dad Poor Dad.” He wrote that workers won’t get rich toiling away at a conventional nine-to-five job.
Here in India the public shows themselves as the victim of the job market as well as the government, but I connect with what Robert Kiyosaki has said
“Don’t wait for the government, a financial advisor or your boss to take care of you,” he said. “You must take control of your finances. You must get financially educated. Take responsibility for your life and your future.”
That’s how I started!
Stop waiting to be an expert! Just start saving and investing now.
– Mandi Woodruff
Through in-depth investigative features on industries such as payday lending and for-profit higher education to her smart and her witty weekly video series “The Payoff”, Mandi has distinguished herself as a tireless consumer advocate and a leading millennial voice. She is the executive editor of MagnifyMoney.
She says ‘Saving is something you’ll eventually have to do, so why not start now?’
Start putting some money aside, regardless of the amount. You never know when you’re going to need to dip into those savings.
Like I said what matters is you sharted.
Thrift Trumps Faith
– Tom Brakke
Tom Brakke is a consultant, writer and investment adviser who specializes in the analysis of investment decision making and the communication of investment ideas.
He has said one must concentrate more on saving than investing. It’s a lot easier to save your way into a secure future than to invest your way there.
As per Tom, both are important, but thrift trumps faith (in investment returns) as a foundation for your plans.
Invest in yourself.
– Farnoosh Torabi
Farnoosh Torabi is an Iranian-American journalist, author, television personality, and personal finance expert.
She currently hosts the CNBC primetime series ‘Follow The Leader’ and in April 2016 it was announced that Farnoosh would become the new financial columnist for O, The Oprah Magazine, where she contributes a monthly column to the publication.
When it comes to personal finance, one of your greatest assets is making sure you invest wisely.
‘You don’t need to be wealthy to invest, but you need to invest to be wealthy.’
Investing when you’re young and for the long haul is more fruitful than letting it sit in a plain vanilla savings account.
Grow your personal brand.
– Josh Felber
Josh Felber, a serial entrepreneur and high performance coach, focuses on helping people design, develop and deliver their passion and expertise to the world so they can have the time, freedom and lifestyle they want. He has co-authored two best-selling books, one with Brian Tracy and another with Steve Forbes.
Josh Felber, who is one of the leading entrepreneurs and business success coaches, recommends making your brand omnipresent, whether you’re a business owner or individual.
“Can you imagine how much financial success you would have if you, your brand and your company could be everywhere all the time?” he asks. “A great example is Donald Trump or Mark Cuban. You may or may not like them, but you know who they are and they both dominate their perspective areas.”
These are the tips I have been following related to finance and money management.
If you’d like to find more success with your money, there’s no time like the present. Make the coming years, take control, set goals and change your financial life for the better.
In total, I shared 05 tips about how you can run your financial life in the article.
Let me know what you think!
What would be your Personal Favourites?
I help business owners Build their Brands and make them irresistible, profitable & simple to run.
I want to help you build your social media and it's marketing, business growth and digital strategy with confidence, so they're not just successful, but authentic as well as reliable.
If you are not a Business owner, don't worry for you I have services like Finance Management, Retirement Planning and much more to offer!
Other than work I'm someone, who love's 2 enjoy life, I love to keep things sweet n simple just like me!!!
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