Do you spend very little time on your finances either because it is so boring and tedious, or because you don’t know a lot about the subject and it intimidates you? You are not alone. Budgeting, saving, investing, and borrowing are at the bottom of most people’s lists of things they want to spend time on.
Managing money does not have to be so dismal. There are several easy-to-understand principles that can make your finances much more secure. You can rid yourself of money worries and build wealth by following these simple and easily implemented rules. And it might even be a little bit interesting and fun!
I have been fortunate to have studied and applied finance principles at some of the world’s best universities and Fortune 500 companies. My work experience includes accounting, taxes, budgeting, financial analysis, and investing. Managing a $300 million portfolio for a large company for several years allowed me to become an expert in the financial markets and investing. Now, in retirement, I provide financial planning, retirement, and investing advice to several family members, friends, and former colleagues, and I stay abreast of all key new developments in finance—so you don’t have to!
You might not realize that the smartest way to invest is also the simplest and that the primary tool for this effective investment strategy is the use of index funds. You can use these and many other similarly simple principles to no longer fear the subject of money and finances. You will be able to grab the reins of your financial situation and build wealth reliably and consistently, dramatically improving your quality of life.