The 3 Rules of Personal Finance You Absolutely Need to Know

I went out to a baseball game last night and had a great conversation about all the things I'd recommend to become Financially Independent. Because I didn't want to ruin a fun night out for everyone, I kept my answer simple: Just follow the Three Rules.

1) Earn money
2) Spend less than you earn
3) Invest the rest

It really is this simple. But that doesn't make it easy. We'll get into the how as we go, but, at the highest level, this is what we'll come back to.

So, just to be sure, all you really need to remember about personal finance are these three rules:

1) Earn money
2) Spend less than you earn
3) Invest the rest

Don't forget!

Until next time,
-MMM