A Short Money Lesson

There are some rare weeks where we’re a bit too busy to make long and detailed articles. Thankfully, even short ones can contain valuable lessons that you shouldn’t miss, so here’s one from Prosperity: How to Attract It by O.S. Marden!

In a certain chapter of Marden’s book, he talked about the list of personal finance rules from New York’s Y.M.C.A., and it’s called the “Ten Commandments for a Young Man’s Financial Life”. Check them out here!

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Ten Commandments for a Young Man’s Financial Life

1. Work and Earn.
2. Make a Budget.
3. Record Your Expenditures.
4. Have a Bank Account.
5. Carry Life Insurance.
6. Own Your Own Home.
7. Make a Will.
8. Pay Your Bills Promptly.
9. Invest in Reliable Securities.
10. Share with Others.

And there you have the very basics of good personal finance! This is a short lesson, but if you want more details on each of them, just click on the links above to learn more!