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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!


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!

Categories: Wealth and Finance
Ray L.: Ray is the main writer behind YourWealthyMind.com. He is a proponent of self-improvement and self-education, and he believes that anyone can achieve their goals once they learn the knowledge and skills they need to attain them. He considers it his mission to enrich lives and end poverty by teaching people lessons they may need to succeed.