Reading to be more informed and to understand what strategies to adopt in managing personal finance and what mistakes not to make is the first step in increasing our knowledge.
There are several interesting and affordable readings.
We recommend a list of some interesting books. It can be found here.
And on the subject of books…there is one“to fill in” that can help you manage your weekly finances well. It is about the Kakebo.
We discussed this in
tip #3 “Set a periodic budget.”
Learn about other financial best practices
Good financial advice #22 | Watch less TV
Television is definitely a source of shopping inspiration, advertising unfortunately stimulates and ignites cravings and needs and pushes us to buy perhaps unnecessary items.
Good financial advice #21 | If you can buy it twice you can afford it
Shopping is an activity that has become easier and more fun over the years. Shopping, online or offline, has never been easier. This over-simplification of the purchasing process, however, hides some dangers that may lead us to not think through the purchase and thus overrun our budget. Here are some simple but useful tips to avoid crazy purchases.
Good financial advice #19 | If you have to borrow you can’t afford it
Had it ever occurred to you that if you have to borrow money then it means you cannot afford to make that purchase. Learn to manage the budget you have, without having to take out loans–because it might say you can’t afford it.
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