While my money quiz identifies your current Money IQ it is not a test of intelligence, nor is it about passing or failing. It will serve as a guide for you as you journey on your path toward achieving financial freedom.
While my money quiz identifies your current Money IQ it is not a test of intelligence, nor is it about passing or failing. It will serve as a guide for you as you journey on your path toward achieving financial freedom.
It’s time to resist the influence of advertising, manage your money, and make purchases based on your priorities. It's your money, be your own financial expert and start by following this spending tip.
In my book about managing your money, Money Smart, I write about maximizing your money to its full potential. Here are 7 key steps from the book to change the way you think about spending your money to help you make your current income level work. Each one individually has the potential to make a big difference, and together they can transform your personal finances.
Why do I refer to the financial calculator as both a retirement calculator and a financial freedom calculator? Well, because I challenge the notion (as I hope you will) that you must wait until you’re sixty-five before you can live the life you truly desire. Instead, I encourage you to replace the “R”-word, retirement, with two new ones: financial freedom.
Once again I want to offer a huge thank you to Gena and Jeff over at Ha Nui Loa for volunteering to review Money Smart, my personal finance book, and for inviting me to guest post on their blog.
I connect strongly with their message of living simply and I also participate in the slow-living way of life. While there may appear to be a discrepancy between the topic of money and simplifying your life, I can guarantee you that there’s a very strong relationship between the two.
Money isn’t the most important thing in life—living the life you truly desire is. I wrote Money Smart to give people tools to manage their money, create their own financial freedom, and build the life they want to live now. Living simply often plays a vital role in focusing on what is most important in life and creating financial freedom.
Take a moment to visit Gena and Jeff, and check out my post, Creating Financial Freedom and Living the Life of Your Dreams.
April is Financial Literacy Month and I started the month talking about defining financial literacy and how to begin. Then I started to talk about the money rules. There are nine rules to the game of money that I describe in my book, Money Smart. They are absolutely critical to your success with money and its role in your life as you work to create financial freedom. Follow them and you will quickly see a positive change when it comes to money. Break them often enough and you will almost certainly insure that money ends up subtracting from your happiness rather than adding to it. So here is the second of three of the nine Rules of Money that I am sharing:
Money Rule: Be Disciplined
Discipline simply means being committed to doing what you need to do to get the things you said you wanted. To be successful with money and to be successful in life, you need to be disciplined. If you are not, you are unlikely to achieve anything like the life you wish. With a positive attitude and good discipline, your chances for success with money and in life are very good. You will find that this money rule will have an especially large impact on your chances for success. In Money Smart, I discuss strategies for boosting discipline, because it is a challenge for everyone.
I provide nine Money Rules in Money Smart; and three great money rules here to get you going on your road to success with money. The Rules are a road map to success, follow them and find your way to financial freedom. Financial Literacy Month is a great time to start.