Bankrate offers a list of the 10 commandments of personal finance that I'll be sharing with all of you as well as providing my thoughts on their selections. I'm sharing two commandments today:
V. Thou shalt pay monthly bills on time
By paying your bills every month, you will keep your good credit rating. In addition, you won't have to pay late fees.
VI. Thou shalt avoid get-rich-quick schemes
Most of the wealthy people in the world didn't get that way with get-rich-quick schemes. If it's too good to be true, it usually is, says Sebold.
Basic advice but still worth noting. After all, these two still trip up many people (especially the get-rich-quick schemes.)
For related thoughts on this topic from Free Money Finance, see these posts:
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