Wednesday, May 21, 2008

Five Basics for Building a Solid Financial Future

From nytimes.com

0. Live within Your Means. And start an emergency fund.

1. Simplify Your Investments. Allocate your investments among index funds. Reallocate occasionally.

2. Occasionally Pay For Help. Discipline in investing is worth paying for. Also, get help on taxes and financial planning.

3. However, there is a lot of good advices are on Internet.

4. Automate everything.

5. Communicate. Discuss your finances with your family.

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