Wednesday, September 7, 2011

Personal Economics

 1.  Get an education and training while you are young to qualify for employment.
 2.  Add experience and continue to update your skills.
 3.  Increase your flexibility to qualify for more than one kind of work.
 4.  Save and invest part of your salary.
 5.  Get health insurance and participate in a pension plan through your employer or independently.
 6.  Only have children when you can afford them.
 7.  Live simply and be frugal until you can afford more.
 8.  Realize that the cost of almost everything will increase.
 9.  Only go into debt when absolutely necessary.
10.  Be independent.  Don't expect someone else or the government to solve your economic problems.

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