The Rules of Money

There are so many bad books out there that I rarely recommend them.  I did, however, pick up The Rules of Money at the library today and have found some useful information in it.  It's a nice concise little book with 100 simple financial rules to live by.  A couple rules that the author mentions that are always helpful are...

Don't envy what others have

Spend less than you earn

Don't borrow money, unless you really must

Property, in the long run, will not outpace shares

Only buy shares (or anything) you can understand

Think long-term

Control spending impulses

Perform regularly scheduled finance health checkups

Don't try to get rich quickly

Make your money work for you

Don't spend it before you've got it

Never borrow from friends or family