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14 Money Rules You Should Have Been Taught
It is never too late to start preparing for your financial future. Parents and educators have many things to teach young people, from how to behave in society to learning basic math in school.
It can often be overlooked financial lessons or money rules to help a young person navigate a financial future.
Money Rules You Should Have Been Taught
One of the most significant money rules for people is paying yourself first. That starts with automating money from your paycheck and going into various accounts.
Pay Yourself First
It is never too early to start investing for your retirement. That should be one thing people learn early on, but it is rarely taught.
2. Start Investing For Your Retirement Early
Spending less than you earn goes with paying yourself first, but it is a mindset and rule to help you in hard times and good times.
3. Spend Less Than You Earn
Credit is essential for people to learn as they gain financial knowledge. If you apply for a car loan or a house mortgage, credit determines how worthy you are of that loan.
4. Learn How Credit Works
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