A useful approach to thinking about your personal finances:
- Pay yourself first
- Develop a budget
- Pay off debts
- Start looking for ways to put your money to work
- Accept risk, but be careful
- Don’t procrastinate
- Invest in your home
- Invest in your retirement savings
- Invest in yourself
- Prepare your “Walls of Babylon” – i.e. have a will, life and health insurance etc.