Personal Finance Rules to Building Wealth

Key 1 Pay your self firstkey 2 Saving is not aSave at least 10 percent of each paycheck.Key 15
punishment. Its making choices about how you'll useBeware of small expenses. Each muffin and cup of
your money.Key 3 Financial sucess involves hardcoffee on the way to work adds up over a years
choices. Be prepared to make them.Key 4 Make atimes.Key make a list your basic, essential living costs
budget and stick to it.Key 5 Future financialand add them up to get a real picture of what you
independence is worth present sacrifices.Key 6 If youneed to cover your monthly nut.Key 16 Avoid the
cant afford it pay cash, pass.Key 7 Communicatetemptation of buying more than you need just
with your creditors, especially if you are going to bebecause its a good price. You cant afford the
late with a payment.Key 8 As soon as expenses risesavings.Key 17 If you have multiple crdit cards, pay
to the level of your income, trouble is not fardown your highest intersts cards first.Key 18 Paying
behind.Key 9 Self-discipline is the key to any sucessfulat least double the minimum required each month will
financial program.Key 10 Balancing your checkbookshow progress.Key 19 Re-evaluate your personal
with each statement is essential. It costs only 15budget at the begining of every year and adjust
minutes a month and is one of the best investmentswhere needed.Key 20 Teach your children how to
you can make.Key 11 If you dont know where yoursave.Mike Magana is a personal finance coach that
money is going, you cant decide where to spendhelps families in reducing their taxes, getting out of
it.Key 12A penny saved is a penny earned.Key 13debt, and controlling there living expenses. Please
You never know whats going to happen. Tuck awayreach me at for any comments.
an emergency fund of at least 3 months.Key 14