Financial wisdom is often quoted but not always followed. If you choose to follow some of the basic rules though, they can provide you with a strong financial foundation! Do you compare prices between stores before purchasing? Do you have a sum of money set aside in case an emergency were to happen? By following these simple tips, they can give an incredible advantage to having financial success!
Andy Mattinlgy from FORUM Credit Union has 5 financial rules that you should always follow!
- Always live within your means
- Strive to save 10% of your income
- Always comparison shop
- Diversify your investments
- Build an emergency fund