Thursday, January 14, 2010

Budgeting tips

The best thing a parent can teach his or her child while growing up is to learn the importance of money and how to budget your money. When you teach them young it is almost guaranteed that they will grow up to be wise with their money. It matters not how much money you can earn, rather how you budget your money to live comfortably. One of the most important budgeting tips I can give you is always pay yourself 10% of the money that you make and save that money for rainy days. You’ll be surprised how quick your savings would grow in a short time and that money will be a god sent on that rainy day.

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