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What's the best financial advice you've received?

#Investing #advice #Saving #finance
Flowers28 5 Feb 2
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0

Level 2

#freethinkers

0

Level 3

I never received yet coz ...I'm not tried by this time ....Which means advice is not a matter for the financial it all happens when we are involved

1

Level 8

Hold on to your money you cannot buy anything with your looks!

1

Level 5

Focus on paying off your smallest debt immediately then continue paying off the smallest of your debts; use the money that you were paying on your smallest debt in addition to help clear debts faster.

0

Level 9

Do not be a slave of Mammon.

0

Level 9

Evidently none!

1

Level 9

Don't loan anyone anymore than $20 even if you can afford it.

Rule of 72. Use IRA's and Mutual Funds when you are young. Don't use a credit card. Don't buy a brand new vehicle when you are young. You will have payments that will last a while with interest. Save your money. You can buy a new car now, or if you invest, you can buy a new car every year when you retire. The traditional way to have a lot of money is to save it.

0

Level 7

"Don't take financial advice from strangers on social media"?

1

Level 8

"Divorce" saved my soul!

0

Level 8

Stay away from redheads.

Erm????

@Amisja
Of course I’ve wondered what it would be like to have ignored that advice ?

@Haemish1 Hahaha
0

Level 7

Dont buy stuff that's beyond your means, to pay for and invest

1

Level 8

Spend it all and die in debt!

Credit cards automatically insure your death. It's built into the interest rate.

@FrayedBear Do they? Whoop!

@Amisja It was 20 years ago so I doubt that they will have changed that one.

@Amisja Check with whomever issued it.

@FrayedBear I don't really have a lot of credit card debt or any other debt. I am really rather dull

@Amisja Lol. I don't have a credit card. In some respects I live like a king, in others a pauper. Pride can be a very very expensive luxury that I was forced to learn to eschew long ago.

@FrayedBear We have similar values. Money is just a thing. As long as I can grow stuff and cook on a wood burner, I can survive the apocalypse
0

Level 8

Go to university

3

Level 7
  1. Never be financially dependent on a man.
Orbit Level 7 Feb 2, 2019
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4

Level 8
  1. Pay off your credit card every month.
  2. Pay an extra loan payment any time you receive a money gift or bonus.
  3. start saving for retirement early.
UUNJ Level 8 Feb 2, 2019
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1

Level 7

No one piece of information.
Be thoughtful when you purchase, separate wants and needs, education can help but is not a guarantee with student loans and malleable job markets, if you have enough resources, investment in the long-term may help, but again, no one way to be financially successful.

0

Level 8

everything is free, unless you buy it.

0

Level 8

Take care of and pay for your needs first, what is left you can enjoy some of what you want.

0

Level 9

Save.

2

Level 7

Pay yourself first. In other words, contribute as much as you can to a 401K if you have one.

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