Must-Know Simple Rules of Money

Varna Madhukar
1 min readNov 26, 2020

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If you live paycheck to paycheck and spend everything you got then I’m sure you need to hold on for a second and think about your savings plan. Recheck your financial plans.

Have you thought about putting some rules on your money?

We tend to have rules for every other area of our life. How much to eat, how much to watch TV, limiting the amount of social media, the amount of time to work out, etc. These rules provide structure and guidance when we need it the most. The golden rules are the ones that should be there in our lives.

Simple Rules of Money are —

👉Always spend less than you earn.
👉Build an emergency fund.
👉Don't Impress Other People.
👉Take care of your wants.
👉Work towards your passion and it will give you a way to earn.
👉Keep your credit score high.
👉Clear off your high-interest paying debts.
👉Build a budget.
👉Enhance your cash flow.
👉Invest with the surplus money which you don’t need anytime soon.

Learn more here- Learn to Invest in Stocks

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