It's not how much you make, but what you do with the money you have that counts. Morgan Housel, a senior analyst at financial services company The Motley Fool, made just this point in a recent newsletter on the basic tenets of successful investing. One of his golden rules: Most financial problems are caused by debt. If you don't spend your earnings carefully, even a six-figure salary won't safeguard you from money troubles. As Housel writes: "I have a family friend who earned several hundr...
It's not how much you make, but what you do with the money you have that counts. Morgan Housel, a senior analyst at financial services company The Motley Fool, made just this point in a recent newsletter on the basic tenets of successful investing. One of his golden rules: Most financial problems are caused by debt. If you don't spend your earnings carefully, even a six-figure salary won't safeguard you from money troubles. As Housel writes: "I have a family friend who earned several hundr...
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