Saturday Musings - Getting Out of Your Financial Mess

20170708_richestman

Do you ever feel like everyone seems to be putting their hands into your wallet and helping themselves? Bills and taxes keep on rising and living is more and more expensive each year while your pay continues to shrink in size. There seems to be less left over for you to enjoy life.

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Many years ago I read a fantastic book that I would highly recommend to anyone…..and no, it wasn’t my book, Battleframe (although it isn’t a bad read). The book was “The Richest Man in Babylon” and the author illustrates a number of principles about managing money through stories…..it’s really a compelling read.

The first point he raised was, “Pay Yourself First”. What this means is keep some of the money for yourself……not your bills but for you. If you need to negotiate with creditors and pay them over a period of time then do so but whatever you do pay yourself now. An amazing thing will happen, you will pay off your creditors and also manage your expense line appropriately.

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vanclute
Here is a PDF of the book for free: https://ia800307.us.archive.org/2/items/RichestManInBabylon_650/the_richest_man_in_babylon.pd... Read More
08 July 2017
mgilmour
Thanks for that! It's going to save me a lot of money :-)
09 July 2017
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