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Old 04-12-2008, 04:04 PM
maat55 maat55 is offline
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Hello Anya,

Reading books will help you to setup a financial plan. Some books will help you with the mechanical side of finances, like The Total Money Makeover by Dave Ramsey and some will help you with the philosophical side of money, like Rich Dad Poor Dad and The Millionaire Next Door. Reading books will give a better overall financial plan.

Basics are: Live debtfree other than your mortgage, make a budget, have an emergency fund of 3 to 6 months expenses and invest about 15 of your take home in Growth stock mutual funds. Read also a book on investing to help you understand how it works.

We can answer many questions on this forum, but to get a good overall view, reading books will help you alot. I'ts good to see you are looking for advise at this stage in your life. Good luck.
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