November 2007
Beginner
352 pages
8h 7m
English
book
Let’s Get Real About Money!: Profit from the Habits of the Best Personal Finance Managers
by Eric Tyson
Content preview from Let’s Get Real About Money!: Profit from the Habits of the Best Personal Finance Managers
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Chapter 8. Establishing a Savings Foundation
“The saving man becomes the free man.” | ||
| --Chinese proverb | ||
“The only reason to have money is to tell any s.o.b. in the world to go to hell.” | ||
| --Humphrey Bogart | ||
All good hiking expeditions begin with proper preparation, and so it is with your personal finances. Unless you inherit vast sums of money, you’ll need to build your base of assets largely from scratch. Even if you come to the journey with lots of existing resources, you should be able to improve how you spend and save money. This chapter will show you how.
Giving Yourself an Unfair Advantage
Before you begin your journey, you should make sure that you’re not encumbered or held back unnecessarily. Carrying high-cost consumer debt—such as that on ...
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