Have you ever thought about your financial philosophy? Or what you think of the leading financial philosophies out there today?
You might be surprised to find out that many popular ‘financial gurus’ of our day actually propose very different views on how you should spend your hard earned cash.
Let’s do a quick poll, shall we? Which of these popular authors on finance have you heard of before….
- Dave Ramsey (author of the book: The Total Money Makeover)
- Tim Ferris (author of the book: 4 Hour Work Week)
- Mr. Money Mustache (blogger and 30-year-old retiree)
- Robert Kiyosaki (author of the book: Rich Dad Poor Dad)
Do you subscribe to any of their financial philosophies? Admittedly these people are sometimes considered extremists for their views.
Where am I going with this?
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I think you need your own financial philosophy….
Why? How are you supposed to achieve your goals, live the life you dream of, or even know what that dream is without a personalized and well-thought out approach to your finances?
Everyone’s financial philosophy will look different for them, and their journey to find said philosophy will look just as different too.
I’d like to share the evolution to my personal financial philosophy. Then I’ll give you a few suggestions at the end on ways to start exploring the differing views out there and to start forming an opinion of your own.