If you scour the internet, you can find a near endless assortment of personal finance blogs and articles. There’s so much information out there, from such a wide variety of sources, that trying to read it all would be a practice in futility.
That’s why Trent Hamm, on his site The Simple Dollar, boiled it all down into five pillars of personal financial advice. As he sees it, they are:
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“You need to have an internal reason for getting in control of your money.”
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“You need to know where your money is going.”
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“You need to be able to live within your means and spend less than you earn.”
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“You need to value the long term at least as much as the short term.”
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“You need to learn how to control your emotions around money.”
To read the details of all five pillars, click here.