Bad Money Habits, Timothy Presley, Independently Published, 2021
To even begin to get control of your finances, your first step is to know where your money is going. Get a piece of paper, or start a spreadsheet, and record everything (even impulse trips to a vending machine). Next, start cutting some of those expenses.
Do you "need" that item that is on sale, or do you "want" it? The next time you go to the mall, leave your credit cards, and your ATM card, at home. This book also talks about building an emergency fund, investing in stocks and bonds, starting a side business (or two) and planning for retirement.
This is a very well done, and concise, book. For most people, this book may be nothing more than common knowledge. There will always be those for whom this book is a revelation. To help make up for the extreme lack of financial literacy in America, this short book is an excellent place to start.
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