Follow these 5 money rules while you're still young—or 'regret it later in life,' says finance expert

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Follow these 5 money rules while you're still young—or 'regret it later in life,' says finance expert. (via CNBCMakeIt)

1. Accept that living below your means requires suppressing your ego to below your income.s

is just a diversion from boosting the appearance of your status today for more productive use tomorrow. People with enduring personal finance success [...] tend to have a propensity to not give a damn what others think about them. When you define savings as the gap between your ego and your income, you realize why many people with decent incomes save so little. It's a daily struggle against instincts to extend your peacock feathers to their outermost limits and keep up with others doing the same.— not necessarily those with high incomes — tend to have a propensity to not give a damn what others think about them. This is the most underrated finance skill.

 

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Follow these 5 candy rules while you're still young—or 'regret it later in life,' says finance expert. (via MakeIt)

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Follow these 5 candy rules while you're still young—or 'regret it later in life,' says finance expert. (via MakeIt)

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Follow these 5 candy rules while you're still young—or 'regret it later in life,' says finance expert. (via MakeIt)

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MakeIt The picture is basically what rule 1 is telling you to avoid (spending beyond means when young).

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