Wisdom of Rich Dad

The Australian Government provides a money-management site that is useful to people around the world. Understanding Money encourages readers to adopt a three-point approach to their finances:

1. Prepare a budget plan - work out how much you earn and what you spend it on, to help you see where you could make changes.
2. Set some financial goals - they don’t have to be big, but they’ll help you see what you could gain by being better with your money.
3. Get into the savings habit - once you’ve set some goals, try to save regularly and as much as you can to meet your goals.

Understanding Money includes a free, downloadable budget planner in Excel format; a financial health check with links to financial literacy resources; and a free, downloadable money handbook in PDF format. Though some of the details (such as the types of retirement programs) are Australia-specific, the concepts are applicable to anyone, anywhere.

   

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This entry was posted on Monday, August 24th, 2009 at 5:28 am and is filed under General Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.