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 #09 Spend on experiences, not things
Did you know that the best way to spend one’s earnings is in experiences? Objects leave time for themselves, while experiences make you happier and allow you to have fewer second thoughts about spending.
Good financial advice #08 Create a spending mantra
Choose a phrase that can help curb your purchases and rationally choose what expenses to make and how to use your budget.
Good financial advice #07 Set financial goals
Planning is a cornerstone of good financial education and an excellent habit to always be in control of one’s finances. Setting goals, in life as well as in personal finances, is the key to success. Without goals, the road will surely be riskier.
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