My church is going through one of Dave Ramsey’s finance programs to help people get out of debt and better manage their finances. Naturally attendees must pay a fee to get in. So, here’s some free advice from Ben:
Make more than you spend.
Have a budget, or a reverse budget. Make sure your saving, meeting your basic needs, and set some aside for fun.
Have some money in the bank ready for an emergency. Keep some cash stashed away in case you can’t access your bank account.
Save for retirement. Save for short term. Save for long term. Diversify your savings. Put your short term savings in high yield checking/savings accounts.
Spread your money into several bank accounts.
Don’t get into debt over something that’s not worth more than the debt.
Your time is worth more than your money.
Take a photo of everything in your wallet/purse.