13 Good Financial Habits To Develop
Blog video by Bram Lagrou
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Few of us are ever taught how to deal with money. We often learn the hard way.
In this video, I share with you 13 good financial habits to develop. If you want to build real wealth, they will benefit you.
Check it out and let me know what you think in the comments?
Here's what we cover:
- Pay yourself first (in life and business)
- Set up different accounts for different purposes, including a "ME account"
- Keep on top of accounts
- Communicate when payments (will) bounce; negotiate better terms
- Leverage the power of the compound effect
- Organise better rates regularly (for EVERYTHING)
- Protect what you have; don't loose money
- Always save to invest while paying down your debts
- Buy expensive depreciating assets second hand whenever possible
- Review financial progress regularly based on FACTS
- Develop "character" (lenders love it) so that you are well positioned to receive financial backing for investment purposes
- Maintain a positive credit rating (in Australia, for example, you can consult Equifax)
- Remember that there is always a way to get things done. Ask yourself "How can I...?"
To Your Success!
Bram Lagrou at www.bramlagrou.com
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Transcript
Want Money Mastery?
I've partnered up with qualified experts to help people all around the world build real wealth through knowledge, skills and mindset.
Learn More