- People Aren't Saving Enough
- Racking Up Debt
- What You Will Learn in this Section
- Should I Borrow Money?
- Total Cost of Borrowing
- Think Before You Borrow–Key Considerations
- Where Should I Borrow?
Do you have enough money? Most people answer "no" when asked that question. You've probably seen the surveys... it doesn't seem to matter what your income is. Whether someone makes $30,000 or $300,000, all report that life would be much better if they just earned 10% more.
The secret to keeping more of your money lies in controlling your expenses. In order to accomplish that, you have to make a conscious effort to monitor where your money goes, take some time to examine your priorities and get your expenses in line with them.
That is the essence of financial planning: thinking and planning in the short term in order to prepare for a healthy financial future.