What is the best financial advice that you ever got?

the best financial advice I ever got was to cut up my credit cards. Unfortunately, I haven't been able to stop using them completely, but I am slowly but surely getting rid of them one by one.

'You get what you work for.' I used to kind of think that money would come to me and I wouldnt have to do anything to get it, but after being told that, I was all the more determined to get lots of money, which is when I started earning money online. I am pretty well off because of it, and it was all from this one thing that my mum said to me.

Hi Vergie - first good luck on your new job. Second.. all the positive thinking and deep breaths in the world are not going to do you any good unless you activate actions to go with them. I was never given any finanical advise. I learned what I know totally out of lifes' experience. And the main thing I learned was - "save a little to save a lot". My motto on my Save Money blog. I "learned" it simply out of necessity and experience of having to stretch my dollars so far, George Washington grins like a cheshire cat. And it wasn't to "save", it was to make ends meet. Got to my profile and read all the easy ways to save money - and they are easy and anyone can do them. THe thing is, you have to be dedicated and dilligent and willing to have less than absolute perfection...which isn't hard to do if you care about your kids. Now, I do these things and stretch my income for a retirement account - I was never fortunate enough to work for a company that offered any kind of retirment/401k program so Ih ave to do it myself. A big key to makeing this work is to not think of it as a "daily" thing - not really every weekly. But keep track and check your figures monthly. To say "i saved a dollar today" is no big deal, nothing to hardly care abouat -its just a buck. Yes, that is so true and not on the "positive thinking" venue. HOWEVER... if you just put that one single buck in a jar in your drawer and at the end of the month you count out $30 - that IS a big deal! And that $30 times 12 months is $360 a year plus and extra $5 for the months that have 31 days! I could use an extra $365 dollars at the end of hte year - that'd nearly pay for my entire christmas budget!Then as you see how easy it is to save a buck, you add the change from the bottom of your purse/pockets - just dump it every night or in my case at the end of the week - count it out and you'll be surprised! "Save a little to Save a lot" - works every time!

hmm i have 2 one being live on beans and rice not litterally but only spend what you have to and dont go overboard 2 being if you cant pay with cash then there is no reason to buy it meaning you dont need credit cards the make you life miserable

This is going to sound stupid but the best advice i ever got was this: Don't spend it all in one place.

"PAY YOURSELF FIRST". Meaning, delegate a certain amount from each paycheck into savings, rather than spending it all on yourself or bills. It adds up for that rainy day when you have to fix something on your car, pay for something important, etc.