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College graduates spent 16 years gaining skills that will help them command a higher salary; yet little or no time is spent helping them save, invest and grow their money. If you dont understand the language of money, and you dont have a bank account, then youre just an economic slave.
A Financially Responsible person avoids Debt. Even if they are in Debt, they understand the difference between a Good Debt and Bad Debt. A Financially Responsible person would want to quickly come out of Bad Debts. Even if he is in Debt, the payments should be less than 50% of what he makes.
If you will live like no one else, later you can live like no one else.
More Empowering Personal Finance Quotes The only thing that overcomes hard luck is hard work. Dont live the same day over and over again and call that a life. To live is to choose. Financial freedom is available to those who learn about it and work for it. The greatest wealth is to live content with little.
Quotes about making money The key to money is to stay invested. Suze Orman, financial advisor. If you make meaning, youll make money. Formal education will make you a living; self-education will make you a fortune. Jim Rohn, entrepreneur.
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Being financially responsible involves making a plan for your money and sticking to it as much as possible. Controlling where your money goes means you could save for emergencies, stay out of debt and even build good credit. All of these things could help you achieve financial security.
5 Ways to Becoming Financially Responsible Live within your means. Know how to budget. Save for the future. Learn how to control your spending habits. Get your debt under control.
Kiyosaki says that your best bet is to supplement your traditional education with financial literacy. If you were to receive a lot of cash tomorrow, but had no financial education to speak of, youre bound to spend the money in a way that wont leave you with much down the line.

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