Saturday, April 18, 2009

Steps For Money Management


  1. Spend less than you make, pay yourself first
  2. Set a financial goal for short term and long term
  3. Use TFSA/RRSP/RESP/non-registered account wisely
  4. Do not hold any debt with interest attached, try to convert bad debt into good debt
  5. Educate you and your family about money management
  6. Develop multiple streams of income
  7. Start investing and diversify your portfolio

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