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@bhollan
Created August 11, 2017 13:58
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Personal Finance Index Card
Index card financial rules:
1) Strive to save 10-20% of your income
2) Pay your credit card bill in full at the end of every month
3) Max out 401k and/or other tax advantaged investments
4) Never buy or sell individual stocks/bonds/securities
5) Buy cheap index/mutual/ETF funds
6) Make any financial advisor commit in writing to the fiduciary standard
7) Buy a home when you're financially ready
8) Insurance. Make sure you're protected
9) Do what you can towards the social safety nets
10) Remember the index card
Original idnex card author: Harold Pollack
http://freakonomics.com/podcast/everything-always-wanted-know-money-afraid-ask/
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