Saturday, April 10, 2010

Six Specific Principles for Managing Money

1. Wait overnight for big purchases.
2. Pay more than the minimum on your credit card (or any debt for that matter) if you can.
3. Cut out needless spending. If you don’t have any needless spending and you are still struggling, get another job.
4. If you are married, each person has veto power over any purchase over $100.
5. If possible, pay with cash.
6. Teach your children God's principles on money.
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