Tips from financial philosophers
Earlier this year, we asked consumers to submit their best money management tip for inclusion in a desktop gadget. I was surprised to see how many financial philosophers there are out there! It is great to be reminded that no matter how complex our financial worlds become, some basic rules still apply.
Here are a few of my favorite words of wisdom:
Turn off the TV and balance your checkbook!
Suzy Z, Herber City
More is not always better.
Jeff K, Denver
Pay yourself first.
David S, Houston
Be patient. Watch the pennies and the dollars will follow.
Ann R, Salt Lake City
Simply, live below your means. It's hard to go wrong if you just live simply.
Kim F, Baton Rouge
Set a good example for your kids. They'll likely form their thoughts on money by watching how you spend yours.
Tex D, Richmond
If you've made a bad financial move, fix it - don't feed it!
Brett T, New York City
Take action. All the tips in the world won't matter if you don't use them.
Lizzy B, Queens
Click here for more information on Financial Literacy Month.