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Thursday, January 01, 2009

Financial do's and don'ts for a happy future

Happy new year! With the start of the new year, the BusinessWeek article provides a reminder regarding valuable personal finance dos & don'ts. The list includes:

1. Don't try to predict the future.
2. Do keep enough cash available.
3. Do invest internationally.
4. Don't try to pick one winning investment. Diversify.
5. Do think about energy efficiency.
6. Don't stop contributing to 401(k) and other retirement accounts.
7. Do live below your means. Save.
8. Don't make sudden moves.
9. Do pay off expensive debts.
10. Don't give up on stocks.

For other dos and don'ts, and for complete article, see:

BusinessWeek/YahooFinance: Personal Finance: 20 Dos & Don'ts for 2009

Labels: frugal

posted by Ruby @ 11:49 AM

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