Read on Twitter
Silbo principles to stay financially well. A thread:
*may not be suitable for everyone but I hope it helps someone.
1. Its not chance but choice that determines your financial future.
*may not be suitable for everyone but I hope it helps someone.
1. Its not chance but choice that determines your financial future.
http://2.My beliefs about money influence how I handle it.
http://3.It is my responsibility to stay financially well.
4. Being broke wont last forever, being poor is a state of mind.
5.Give away a portion of your income to help others.
6.Find what you love to do and do it with passion and excellence
7. Save 10% of what you earn before doing anything else.
8.Grow your money by putting it to work.
9. Making more money isnt always the answer, Its what you do with what you earn that matters more.
10. Have written financial goals and review them regularly.
11. Interest is only good when YOU are receiving it.
12. Save up for things so you can pay cash.
13. Avoid hire purchases and personal loans.
14. Assets keep me financially well, liabilities keep me financially sick.
15. DO NOT borrow money for things that make you lose money.
16. Tell your money where to go instead of wondering where its gone.
17.Healthy money habits will put me on the path to financial freedom.
18.Stick to a sharing , spending and savings plan
19. When you borrow money you become a slave to your lender.
20. Being financially literate will give you more choices and options.
21. Spend less than you earn by trimming expenses
22. Do not put all the fruits of your labor in one basket.
23.Let your emotions subside then decide before spending your money
24.Borrowing things that go down in value is dumb debt.
25. Borrowing money for things that go up in value is smart debt.
