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Comment by damagednoob

Don't leave disposable income hanging around as savings in a no/low interest bank account. Invest it in an index fund with low fees (Vanguard, etc.) or better yet, figure out an asset allocation and invest in a few accumulating funds.

A good piece of advice I picked up from Rami Sethi (when it was still worthwhile reading his blog) was think about how much of your free time per month do you spend on various activities (Facebook, Gaming, etc). How much of that free time is devoted to thinking about your personal finance? If it's less than you think you should be doing, schedule it in.

Also starting reading https://www.reddit.com/r/personalfinance/ regularly.

parent damagednoob 9 years ago

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