Key 2 Saving is not a punishment. Its making choices about how you'll use your money.
Key 3 Financial success involves hard choices. Be prepared to make them.
Key 4 Make a budget and stick to it.
Key 5 Future financial independence is worth present sacrifices.
Key 6 If you can't afford it pay cash, pass.
Key 7 Communicate with your creditors, especially if you are going to be late with a payment.
Key 8 As soon as expenses rise to the level of your income, trouble is not far behind.
Key 9 Self-discipline is the key to any successful financial program.
Key 10 Balancing your checkbook with each statement is essential. It costs only 15 minutes a month and is one of the best investments you can make.
Key 11 If you don't know where your money is going, you cant decide where to spend it.
Key 12 A penny saved is a penny earned.
Key 13 You never know what's going to happen. Tuck away an emergency fund of at least 3 months.
Key 14 Save at least 10 percent of each paycheck.
Key 15 Beware of small expenses. Each muffin and cup of coffee on the way to work adds up over a years times. Make a list of your basic essential living costs and add them up to get a real picture of what you need to cover your monthly nut.
Key 16 Avoid the temptation of buying more than you need just because its a good price. You cant afford the savings.
Key 17 If you have multiple credit cards, pay down your highest interests cards first.
Key 18 Paying at least double the minimum required each month will show progress.
Key 19 Re-evaluate your personal budget at the beginning of every year and adjust where needed.
Key 20 Teach your children how to save.
