Today I’m sharing my top two easy must-do tips for personal financial success. My husband and I have done two things that I believe without question were key to getting us ahead in our personal finances.
First, we have always contributed to our employer retirement program. Even if we felt like we had to scale it back at some points, we still always participated. If your employer offers a matching contribution – even better. If you have an employer retirement program available to you, contribute to it! If you’re self employed, you still have options. Setting up a retirement planning system to regularly contribute to your financial growth and personal gain will only help you in the long run. This is exactly what the Profit First methodology I specialize in is all about!
Second, we always pay our credit cards in full every month. Even if this meant going on lockdown with our spending, we did it. Early on, we made the decision that we would not carry balances on our credit cards.
By establishing these two golden rules years ago, we set the course for financial success.