Money Talk: The Best Money Advice, in 10 Words or Less
We stumbled across the results of this challenge presented by a writer over at The Simple Dollar and had to share! Twitter users were asked to share their best money advice in ten words or less. Here are the 50 best responses:
@writealvaro: Don’t invest in what you don’t understand.
@mmmeg: I only need one word! ASK!
@The_Weakonomist: index emergency fund to unemployment. 9% = 9 months.
@MichaelBRubin: Spend more time, less money.
@fiscalgeek: The secret to money management is learning to be content.
@pearbudget: Know what really matters. Don’t spend money on other stuff.
@creditgoddess: Don’t borrow more than you can repay.
@dgstinner: A fool and his money are soon parted
@jacobmlee: Be mindful of how you spend money.
@JoeTaxpayerBlog: Don’t walk away from 401(k) match, regardless of debt situation.
@EdenJaeger: Live below your means and save all you can.
@tonyblacknyc: Better to sell a little early than a little late.
@Kplavcan13: Pay yourself first, you can’t give yourself a bill.
@dweliver: Be content with what’s yours and you’ll always have plenty.
@centsiblelife: Spend less than you earn. Earn more.
@MoneyEnergy: Don’t save at 2% when you’ve got debt at 10%.
@thefinancialqb: If you try to get rich quickly, you will go broke fast.
@ObliviousInvest: Diversify. Minimize costs. Stay the course.
@Matt_SF: Borrowing money for a depreciating asset is a fool’s errand.
@benburleson: If you can’t afford it, don’t buy it.
@mapgirlsfc: Save regularly and spend less than you earn.
@jj_observations: Learn to love left-overs!
@tusharm: Don’t spend money that you don’t have.
@danielckoontz: Never reach for yield.
@randypeterman: “Where will you & your stuff be in 100 years?”
@Cat8040: Don’t take on debt.
@KasyAllen: Don’t be afraid to ask for the savings!
@nhldigest: Best money advice “Don’t Spend More Than You Earn”.
@Green_Panda: My advice: Change one money habit at a time.
@MoneyEnergy: Don’t count all your chickens before they’ve hatched.
@fcn: Save and invest for the long term.
@MyLifeROI: If it depreciates, don’t pay interest on it!
@jessw61: Save/invest as much as you can.
@Lisa_S_47: working hard doesn’t mean you deserve anything you can’t afford.
@mtswartz: I’ll do it in two: Spend Less!
@GlennLucas: Prevent your government from bankrupting your nation.
@myfindependence: Be thrifty but don’t forget to enjoy yourself
@spendingsmart: You can’t outearn dumb spending.
@randallkirsch: A penny saved is more than a penny earned.
@Grumpicus: Use credit cards, NOT debit cards.
@flexo: The only one who cares about your money is you.
@ceetastic: Before purchasing, I ask myself, “Can you justify the expense?”
@moneyhighway: Money comes and goes the memories stay
@robertsm85: If you don’t have the money then don’t spend it.
@roryboy: if you need to use plastic, you can’t afford it!
@msimonkey: Keeping up with the Jones’s is plain stupid.
@maverickstruth: Know what comes in, and what goes out.
@crazy_eddy: Let your assets buy your toys.
@sfordinarygirl: Buy generics/private label because it’s way cheaper
@jasonbob7: One word: leftovers!
Now we challenge YOU! What's the best financial wisdom you can share in ten words or less? Ready? Go!
See the original article here.