My Money Principles

Good financial management is about making the most of what you’ve got!

LESSON 1 will cover Mastering the Basics.

The principles of finance aren’t difficult to understand – however, many people shy away from learning about money because of fear, a perception that finance is difficult to understand, and not wanting to face the reality of their financial situation.

The good news is that the Math and principles part of finance is easy – money in less money out = cash flow, and the aim is to keep a positive cash flow.

Where it becomes more difficult is in understanding all the nuances of how the world economy works and how this affects your local circumstances in terms of stock market movements, interest rates, and even impacts on the employment market.

But for your personal finance needs, you need to understand some basic principles of finance and HOW to deal with money, because if you UNDERSTAND money you are better able to MANAGE your money.

The perfect start to the next module is the My Money Principle declarations. Print it out, review it, and read it aloud. Adopt these principles and add to them, if you’d like!

DOWNLOAD:  Money Principles.pdf

Next, gather your financial records for your income and expenses. The next step will tackle your ‘Where Are You Now’ budget 🙂