Top 10 Tips to Financial Freedom
- Spend less than you earn.
- Develop a savings plan and pay yourself first.
- Understand the power of compounding interest.
- Be mindful of the future.
- Save and invest regularly for the short and long term.
- Take measures to prevent identity theft and recognize fraud.
- Protect yourself against large losses.
- Follow prudent financial practices, such as paying bills on time.
- Build human capital – invest in education and earn more as you learn more.
- Learn where to turn for information, advice, and help.
Source: www.newamerica.net.