Excerpt from “Mind Over Money” on Free Money Finance
The basics of financial health aren’t complicated, and they’re pretty much the same, no matter who you are or your level of wealth. They are even the same whether you’re talking about a person, a family, a company, or a country: Save now and invest for the future. Spend reasonable amounts of money to enjoy life and accomplish your goals, but spend less than you earn. Beware of an investment that looks too good to be true, because it probably is.
Pretty simple, right? So why is it that so many of us can’t seem to make those rules work for ourselves? Especially now—at no time in recent history has our collective financial health been more compromised.
