The first rule of wealth is the golden rule - Those who have the gold ~ MAKE THE RULES!
Rule number two ~ Mony is not the most important thing in life, but money does affect everything in life!
Number 3 on our rule list is - Money is a terrible master - But money can be a excellent servant for those that can master their money!
Fourth on our list of rules for wealth - Is to learn from other people's mistakes ~ Its much, much less expensive that way!
Fifth on our list of rules - INVEST - Put your money to work for you ASAP - Make your money earn more money for you!
Sixth rule on our list - Pay yourself first! (Do NOT be irresponsible with this rule) Understand paying yourself first simply means you need operation funds to reinvest - Maintain operating status!
Seventh rule of wealth is an emergency fund savings - to reach / keep / maintain a three-stage goal strategy: GOAL #1 one-month emergency fund, Goal #2 Three-month emergency fund, Goal #3 Six-month emergency fund.
Eighth rule - Live, Laugh, Line Your Pockets - For this rule we start using math skills called fractions - Its called the 50/30/20 rule.
50% for needs!
30% for wants!
20% for investing!
Ninth rule of wealth - Get a grip on your spending habits - Before spending money, wait 24 hours and ask yourself - are you still wanting to make this purchase - or was it strictly impulse
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