plonkee money an english-er's thoughts on personal finance

August 19, 2007

my one money advice

Filed under: philosophical — plonkee @ 2:07 pm

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:

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