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It really is hard to gauge the market for personal finance. Guru’s such as Suze Orman and Dave Ramsey will say the market is booming with clients (professional lingo for families in need) but if I solely assess through word of mouth, I stand sharply misinformed.
EVERYONE needs a professional financial advisor VS. I use Mint.com and that is final!
It sucks for me. Bestowed with so much financial knowledge but given an impalpable audience of listeners who doubt the legitimacy of my claims due to the brevity of my age.
(That sentence was music to your ears? Je fais ce que je peux.)
Yes, you need to get a grip on your financial management skills. Here are a couple tips
- Use Quicken. Better than Mint.com will offer more insight.
- Create a budget. There really is no better way to see how bad you are doing until you SEE what you are doing with each purchase.
- Pay yourself first. With each paycheck, do one thing. PAY YOURSELF. Whether be it $25 or $100, you need to reward yourself, the worker, the breadwinner, for a job well done.
- Allocate an amount of money into a vehicle which is hard to get to. You aren’t saving money if it is easy for you to access. The harder you make it harder to access, the more you will save. Example: Roth IRAs, Credit Unions.
- Have someone to hold you accountable. The person has to be someone you respect. Accountability can curb any irregularity.