The foundation of a financial fresh start actually has nothing to do with money or specific financial dos and don'ts. The first, and most difficult, step is to absolve yourself and your spouse or partner of any guilt.
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The foundation of a financial fresh start actually has nothing to do with money or specific financial dos and don'ts.
I didn't end up going bankrupt... I made some great investments and I held on to my money, which also enables me to have the freedom to do what I want now. But it's not about finances. No matter what, it's about keeping it real.
Most people who are successful don't keep their money. One of the rarest things in the world is to maintain success and integrity - the kinds of things that seem so easy just starting out. But that's the human predicament.
The best advice that I can offer is that being proactive and a careful planner is key. Think about the major things that could shake up your financial life, and I'll bet there are some great ways to protect yourself.
Stay on top of your finances. Don't leave that up to others.
Go out and interview people to find a partner whom you can trust. Find somebody who subscribes to the same view that you do. I'm happy to tell you that I practice what I preach. I would have never thought I'd end up in financial services. I'm happy to tell you that my debt is retired. That happened because I got a good financial adviser.
It's time to start thinking differently about money and debt and start the healing process - and the process toward wealth and freedom. 'Freedom from Bad Debt' can get you started.
Studies indicate that most of young adults struggle to grasp even the most basic financial principles that will allow them to manage money and prepare for their future.
If you want to reap financial blessings, you have to sow financially.
The only way you will ever permanently take control of your financial life is to dig deep and fix the root problem.