You work hard for your money, so protect it. Getting into debt is the fastest way to erode that money, so don’t spend more money than you earn. When making a purchase, decide if it is something you need, rather than something you want. If it is simply a “want,” only get it if you can pay for it with cash.
Unfortunately, sometimes the things we need cost more than what we have in the bank, so credit is often necessary. Get a credit card that has a low interest rate and few fees – in other words, find one that rewards you, rather than one that milks you.
Finally, put aside 10 percent of your earnings so you have some savings built up for rainy days, because you just never know what tomorrow can bring.