Simple 10 point checklist to wealth creation and financial independence
- Save 10% of your take home pay
- Pay credit cards on time – ALWAYS
- Know where your money goes by making a budget and sticking to it
- Pay attention to fees
- Pay attention to taxes
- Shop for the best rates when borrowing
- Pay down non – deductible debt first
- Use experts – the fee you pay up front for proper advice will be paid back in spades over time
- Educate yourself on financial matters so that you have some understanding of financial terminology, money management, and how to make informed decisions
- Start NOW – you’re never too young (or too old) to follow these steps
