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my one money advice

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Moolanomy wants to know what my one money advice is.

Know yourself.

I realise it doesn’t sound� that money related, but bear with me. If you don’t really understand your habits, then you will end up spending more than you make. If you don’t really understand your risk profile they you will end up with the wrong investment portfolio, probably causing you to lose money.

Most importantly, if you don’t really know yourself then what are you making and keeping your money for? (Aside from a Scrooge McDuck fantasy of course).

So there we go. What do you think?

ETA: Of course, its a meme, I’m supposed to tag some other people. Here goes:

  • cash money life
  • the dough roller
  • no more spending

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Discussion

12 comments for “my one money advice”

  1. Hi Plonkee…thank you for sharing your one money advice. I think yours is nice, simple, elegant, and very important. A lot of people just do not pay enough attention.

    Posted by Pinyo | August 19, 2007, 3:25 pm

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