Common Sense is Still the Key to Financial Freedom

Recently, I stopped by on of the giant chain bookstores to pick up a book about gardening with self watering containers (very good book, btw). In order to get to the gardening section, which was about the size of a decent home sized book shelf, I had to pass the finance section. In contrast to the size of the gardening section, finance had several rows and hundreds of titles. Some looked interesting, many I've already read and a few were quite exotic and odd. It seems like everyone has an angle. P.T. Barnum said there was a sucker born every minute. By the looks of some of the money books out there, not much has changed since his day.

But the simple truth is; common sense will be your best path to financial freedom. No, you won't 'get rich quick', very few ever do with any scheme. But you will 'get comfortable eventually'. The rules are so simple: Work Hard, live on less than you earn, avoid debt, tithe, save 10 to 15% of your income, have an emergency fund, use a spending plan (budget).

If you are just starting out, or don't have debt problems, I guarantee that if you follow those simple rules, you'll end up just fine. If you have debt problems, then we have to add a few more steps. They are all described in detail in "IOU NO MORE".

Common Sense is still the key, and it's never too late to develop some.