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Just Because the Three Principles of Personal Finance Are Simple, Doesn’t Make Them Easy
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Our Bloggers - Jane Dough
Monday, 09 June 2008 15:45
As I’ve already written in a previous post, I’m a big fan of Mint.com. It offers a one-stop, online money management tool that’s much easier to use than any financial software (don’t get me started on Quicken!) because once you’ve hooked in all your accounts, it does all the work by updating your information.

But Mint.com also offers educational tools as well to help everyone (even Jane Dough) understand how to get a grip on managing money. And none more so than the article “Three Principles of Personal Finance: All You Need to Know for Financial Success.” As the article’s writer Aaron Patzer so succinctly puts it, about 10,000 books have been written on personal finance and for the most part they are 99% motivation and 1% information. Because when it comes right down to it, there are just three things you need to do to realize financial stability:

  1. Spend less than you earn
  2. Make the money you do have work for you
  3. Be prepared for the unexpected.
So, we suggest you save some money by not purchasing the latest best selling personal finance author’s book and spend more time learning these three simple rules.
Comments (4)Add Comment
Hate Quicken
written by shannon, June 10, 2008
I bought Quicken about three years ago it still sits int he box next to my computer. I went to my brothers house one night for a tutor session on it. I watched and decided never to open the box. I hate Quicken and haven't even attempted to open the box.
thanks
written by bobbie, June 10, 2008
Finally someone selling me a tool for my finances BUT not asking for money. I can't beleive it, is this really happening? Thank you and I plan to read.
Thanks so much
written by Michelle, July 03, 2008
Mint.com is everything you said and more. thanks for turning me onto this great tool.
I use Mint.com
written by Kendra, September 02, 2008
I use mint.com and I really liked it at first but I have to say one big drawback is that it does not stay up to date. It will show my balances of a few days ago so it is hard to get a real time picture of my money.

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Last Updated ( Monday, 09 June 2008 18:11 )
 

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Jane Dough

Jane Dough is Daily Cent's own resident personal finance expert who knows that women have to balance more than just their checkbooks! Her mission is to help Daily Cents readers make sense of investing, budgeting, saving for retirement and education, real estate and taxes and to have a little fun along the way. Meaning: no lectures! After all, it’s about more than the bucks.