The Seven Habits of Financially Astute People

Family CFO embraces – and encourages clients to acquire – a financial planning philosophy that was stated in part by George S. Clason, author of The Richest Man in Babylon. In the chapter "Seven Cures for a Lean Purse," Clason describes the seven habits of financially astute people: 

1. Start thy purse to fattening. (Keep at least a tenth of your earnings for yourself.)
2. Control thy expenditures. (Stick to a budget.)
3. Make thy gold multiply. (Invest wisely.)
4. Guard thy treasures from loss by consulting with “wise men.” (Hire thee a CERTIFIED FINANCIAL PLANNER™ professional!)
5. Make of thy dwelling a profitable investment. (Own your own home.)
6. Insure a future income. (Get your life insurance and pension arrangements in order.)
7. Increase thy ability to earn. (Continually improve your job skills to bolster your value in the marketplace.)

From: Family CFO,Inc.