Let’s talk about the one question you should ask yourself before you spend your hard-earned cash. When you first learn about personal finance and spending money wisely, you first learn how to “pay yourself first” and how to invest. You also learn how to pay off and avoid bad debts, the difference between needs and wants, assets and liabilities, insurance, taxes, and more.
This lesson is about what you should do with the rest of your money. In other words, it’s about how you can make the best use of your leftover cash after saving and investing.[Read more…]