- “The best decision I have made regarding my personal finances is to marry my wife Anne and let her manage our finances. In all honesty, finances aren’t my personal strength, so I’m glad that Anne balances our relationship by being strong at budgeting, financial planning, and investing. Plus, we have a great financial planner who helps guide us in major purchasing decisions. In addition, starting my own business has helped me understand financial planning a lot better.”
- “My biggest mistake regarding personal finances was investing into a business without doing my due diligence. I was involved in a business partnership, which had huge potential as a start-up but didn’t work out and I ended up losing significant money and time in the venture. In hindsight, I should have done a lot more research before fully committing myself to the project. Even though it was a bad decision, I learned a lot from the choice and have made corrections to ensure future success.”
- “My biggest advice about money and finances would be to budget, budget, budget! Budgeting seems like a lot of work but it will pay off in the long run. Also, I would suggest hiring a professional with more experience and knowledge than you. In addition, it’s important to do as much personal research into finances for yourself by reading books on the topic and attending seminars and conferences.”
Ricky is an Amazon best seller published author and blogger. Visit his website at www.daddyblogger.com