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- Personal finance for dummies is a topic that covers the basics of managing your money and achieving your financial goals. Some of the personal finance fundamentals and strategies12are:
- Take charge of your finances and devise a budget
- Live within your means and don't try to keep up with others
- Save and invest at least 5 to 10 percent of your income
- Own your home and limit and reduce debt
- Only borrow what you can repay and monitor your credit score
- If you're married, discuss joint goals and concerns
- Prioritize your financial goals and plan for your future
- Buy insurance to protect yourself and your family
Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Personal finance fundamentals
- Take charge of your finances. ...
- Live within your means and don’t try to keep up with your co-workers, neighbors, and peers. ...
- Save and invest at least 5 to 10 percent of your income. ...
www.dummies.com/article/business-careers-mone…Personal Finance Strategies
- 1. Know Your income It's all for nothing if you don't know how much you bring home after taxes and withholding. ...
- 2. Devise a Budget ...
- 3. Pay Yourself First ...
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