05/15/2025
List of financial tips that may help someone so undecided to share :
1. Never underestimate the value of small savings. Something is better than nothing
2. Always think twice before buying, and don’t buy it unless you can afford it twice. This does not include houses
3. Make tracking your expenses a habit. Most people aren’t even looking at bank statements, look at what you’re spending money on at least once a month
4. Avoid spending money on things to impress others. Don’t go broke trying to “look” rich
5. Do not ignore budgeting. This is the foundation of finance
7. Put money away for your future or retirement outside of just your employer, your employer plan is almost never enough money
8. Avoid falling for "get rich quick" schemes. Trust me if these worked, we’d all be rich
9. Make saving money a non-negotiable routine. Think of this as more important than your next glass of wine or uber eats
10. Avoid lifestyle inflation. Just because you make more money does not always mean you should spend more
11. Learn to distinguish between needs and wants.
12. Always have an emergency fund. I recommend at least 3 months of your expensss
13. Give every dollar a mission to grow and multiply.
14. Avoid putting all your savings in one basket.
15. Understand how money works.
