The first most important step in successful money management is to have the proper mind set in how you view and therefore handle your finances. Remember this, with every dollar that goes through your hands there are three places it needs to go, not necessarily in equal thirds, but in three places.
The problem with many people today is that we do pay our bills, which is a good thing, but we spend some and save what’s left, and that is backwards. You should be saving first and then spend what’s left. Having a long term vision for your future rather than living for today is also a critical factor for success.
© 2011 Nancy Butler All rights reserved