Managing your personal finances is crucial. From saving money, living below your means, staying out of debt, and investing early and often with an eye on retirement, taking the right financial steps throughout your career can help ensure financial security (which, in reality, is the ultimate purpose of money).
Don’t Make the Mistake of Comparing Yourself to Others
In a podcast episode, Suze Orman and her partner, Kathy Travis, addressed a couple from California who reached out looking for financial advice. The couple explained that to gain any real net worth, they thought they had to purchase a home to build net worth so that one day they could sell it and “actually be able to afford to retire.”
“Although I know so many do live this...