Comments on: What’s the Best Financial Advice You’ve Ever Received?

By: Mrs. PT

Mrs. PT — Thu, 01 Jan 1970 00:00:00 +0000

When I was in college, an older co-worker told me to decide how much I can save and then just forget about that money and don’t touch.

I guess in a round about way this is kind of like automated savings.

By: Tim

Tim — Thu, 01 Jan 1970 00:00:00 +0000

I know this is a simple one, but the first (and best) financial advice I got from my mom (who got it from her parents) was “Never spend money you don’t have.” That’s stuck with me and although I use a credit card, I never use more than I know I have in the bank that I can pay off.

By: Budgets are Sexy.

Budgets are Sexy. — Thu, 01 Jan 1970 00:00:00 +0000

Invest whatever your employer matches into your 401(k)! that was my dad’s #1 rule, and while i didn’t like it at first, i’ve been ALL over it

good post.

By: FFB

FFB — Thu, 01 Jan 1970 00:00:00 +0000

Automatic savings is a good one! That’s helped me to sock away money. Before I automated savings I would always tell myself I would put money away but by the end of the month it would be gone. It got spent! By automating I made sure that I was always saving.

By: Sheila

Sheila — Thu, 01 Jan 1970 00:00:00 +0000

Spend less than you make. I’m not being flip, and I think so many people miss this first step.