Social security was never intended to be a retirement plan. At most, it was designed to provide an income supplement.
--
David Bach
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The most powerful force in the universe is compound interest.
I say to you never involve yourself in debt, and become no man's surety.
Live within your means, never be in debt, and by husbanding your money you can always lay it out well.
Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one.
Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.
If plan A fails, remember there are 25 more letters.
I do recommend that most people sell the car with the most debt on it.
I tell everyone never to take more than a fifteen-year fixed-rate loan, and never have a payment of over 25 percent of your take-home pay. That is the most you should ever borrow.
Someone who never has fun with money misses the point.
The HSA (Health Savings Account) is a great way to save on premiums. The high deductible creates a much lower premium, and this plan allows you to save for medical expenses in a tax-free savings account.
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