15 Money Secrets That Will Change Your Life
15 Money Secrets That Will Change Your Life
Written by Connor Brown November 14, 2021
The playbook for personal finance success isn’t complicated. Spend less, save and invest more. But despite this relatively simple formula, it seems as though some people know something about money that you don’t. Today, I aim to change that. I’m sharing with you 15 money secrets that can change your financial outlook for life.
Money Secret #1: Modest Spending is the Ticket to Financial Success
If there was one hidden secret of money, it’s that managing your spending is the most important thing you can do to be financially successful.
While it’s a lot sexier to focus on investing returns and earning more money, those things are harder to do. It’s much easier to keep money in your pocket. Why? Because it’s already there. You just need to keep it there.
If you want to achieve financial success, the only way – yes, the only way – is to spend less than you earn. The MVP when it comes to managing your spending is a budget.
Two of my favorite budgeting tools to help manage your money are You Need a Budget and Tiller Money. Check them out to get your spending in check – it’s the most impactful money move you can make.
Money Secret #2: Setting Goals Works
Next, your finances aren’t different than anything else in life where you have an objective in mind. To be successful, consider setting goals.
By creating specific, actionable long-term financial goals, you’ll be more likely to make decisions in the near term that can help get you there.
Whether you plan to save for the down payment on a house or retire early, choose goals that fit your objectives. You’ll be more likely to meet those targets once you put them on paper.
Money Secret #3: The Wealthy Track Their Progress
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