Sunday, February 3, 2008

Here's an article from Money Central that lists nine money rules to live by.

  1. Know the difference between needs and wants.
  2. Scarcity makes your choices for you
  3. The pointlessness of the hedonic treadmill
  4. Every money decision has a cost of its own
  5. Why supply and demand rule
  6. Throw no good money after bad
  7. The role risk plays
  8. The time value of money
  9. The miracle of compound interest

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