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Educate yourself about personal finance to make informed decisions from "summary" of I Will Teach You To Be Rich by Janny Patri
If you want to make smart decisions with your money, you need to educate yourself about personal finance. This means learning about topics like budgeting, saving, investing, and managing debt. By understanding these concepts, you can make informed decisions that will help you achieve your financial goals. One of the first things you should do is create a budget. This involves tracking your income and expenses so you know where your money is going each month. With this information, you can identify areas where you can cut back on spending and allocate more money towards your savings or investments. Saving money is another important aspect of personal finance. By setting aside a portion of your income each month, you can build an emergency fund and save for future goals like b...
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