The Top 10 Things You Must Know to Guide Your Financial Decisions

Moshe A. Milevsky

What was the worst financial decision you made in your life? What was the best financial decision you made in your life? What was the process you went through to make the best financial decision? Most people are not formally trained about how to make the most important financial decisions of their lives, but there are a few starting places for you to consider. Here, I would like to suggest some unifying and guiding principles to help you navigate all of life’s money milestones.

1. Identify the true value of all your financial and human capital resources. Your human capital is your most valuable asset for most of your working life. It represents the discounted ...