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What’s the most important financial concept?

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37 Comments
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Dan Smith
9 months ago

My dad had several zingers. The first has been named here several times; pay yourself first. The second, “don’t tell me how much you made, tell me how much you saved”. I think this one is unique to dad; “poop in one hand and wish in the other, then tell me which one fills up first”.

Matt Morse
2 years ago

Specifically for investing…costs matter.

Ken Begley
2 years ago

You have to save big to have big money. Allocation will not make it by itself.

Wayne Koppa
2 years ago

Live within your means.

Kathy C
2 years ago

Living WELL below your means, get that emergency account established with 9 mos. of living costs, save for retirement as soon as you get a job!!!

emily wade adams
2 years ago