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RE: 5 Personal Finance Lessons That Changed My Life

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Ryan Paul
@thecuriousfool
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1 min read

Go Debt Free Before Financially Free

Good thing my debts are from relatives and they don't charge fees. LOL. I cant imagine the compounding interest of debts. Thus, it is indeed far better to settle them first before getting into investing.

Emergency Fund

I learned many times the crisis as a result of not having any emergency fund. I don't want it again to happen so I am now starting to save for it. :)

What kind of rewards are you going to give yourself?

A one day break sounds find to me if I've been working hard for extended number of hours. However, the most important reward I can give to myself is to lessen my workload.

Lack Of Money Is Lack Of Financial Literacy

Dang! I'm hit right where it hurts. I really need to analyze my financial position and consider how to "make" money. Good thing you are constantly sharing some of this free but priceless lessons. :)

What do you think of this reflections of mine? :)

!1UP

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