Good morning Loves. We have another awesome giveaway for you today. If you have been trying to get your money right or improve your over all money situation then you really need to keep reading.
Preet Banerjee’s new book Stop Over-Thinking Your Money! The Five Simple Rules of Financial Success can help anyone fix or improve their finances in only 5 little steps. Yes that’s all it takes 189 pages to a better financial life.
Before we get started and talk all about the book I have to tell you a few things about Preet Banerjee.
Fun Preet Banerjee fact #1: He is a TV host turned author who started his career as a blogger, so obviously that means he’s awesome.
Fun Preet Banerjee fact #2: He has worked with Oprah Winfrey – OH YEAH he’s cool.
Fun Preet Banerjee fact #3: He is really as handsome in real life as he is on the book cover. I met him last year in Toronto and his smile can melt your heart away. Jealous much? Oh I know you are.
Alright now let me tell you about the book Stop Over-Thinking Your Money! The Five Simple Rules of Financial Success. I am only going to give you a sneak preview of Preet Banerjee’s awesome financial advice. If you want to learn all five steps of achieving financial bliss you’ll have to buy the book here on Amazon or enter our giveaway below to win a copy.
Rule # 1 – Read the fine print. Sometimes we are being taken advantage of and we don’t even know it. We can protect ourselves from fees, penalties and other possible expenses by reading the fine print before signing anything.
Why you need to do it: Reading the fine print before you sign anything from a credit card application to a prenuptial agreement is a must-do. Financial advisors and lawyers can explain an overview of the contract but if you really want to know what will happen in the worst case scenario it’s a good idea to read the fine print.
Rule # 2 – Delay consumption. You may really want something, but if you think about it for a few days you may discover that you don’t really need it.
Why you need to do it: I was the queen of over spending and impulse spending when I was in my 20s. Now I obsess over ever single purchase before I buy it, but only if it’s over $5. If I want something and it’s less than $5 I just buy it and try not to feel guilty about it afterwards. The feeling of guilt that comes with spending money can be overwhelming so think about your purchase before you buy them to avoid the guilty gut feeling.
Rule # 3 – Spend less than you earn. Preet Banerjee says that “spending less than you earn is the cornerstone of financial stability” and as a financial planner I agree with him 100%.
Why you need to do it: This is the golden rule of finance. If you always spend less than you make each month, or better year each pay check, you will always have money in the bank and you will avoid using credit.
Now it’s time to win. Enter below using the Rafflecopter link and you could win your very own autographed copy of Stop Over-Thinking Your Money! The Five Simple Rules of Financial Success by Preet Banerjee.
Photo by Amazon
Best piece of financial advice is to pay yourself first and start saving now because life adds up sooner than you think!
Best piece of financial advice is to take advantage of any RRSP matching offered by your employer. It encourages you to save, and if you don’t, you’re leaving free money on the table.
Reevaluate everything, rates, fees, payments etc, at least once a year, totally, because keeping up with all that stuff is difficult and you can get dinged w charges here, there and everywhere.
There are some things I ALWAYS check the fine print on. Others, not so much (itunes agreements). Hopefully it doesn’t result in me signing my life away :/