Friday, November 16, 2007

the art of saving

Never spend beyond what you earn. This is my golden rule when it comes to money.

Our Math teachers taught us a lot of complicated formulas to solve complicated problems. Yet, they never taught us that what works wonders to financial stability is simply subtraction.
Savings = Income - Expenses

Sure we all know how to subtract. It's way too simple that we tend to ignore its relationship to our financial world.

No comments: