Alas, it’s the final post in this marathon of information that hopefully increased your knowledge base during Financial Literacy Month. Learning about money management is a lot of work, but it’s one source of education that will most surely pay off if you’re willing to put into place the pearls of wisdom you learn. And here, my friends, are more pearls for your collection.
Young People: Don’t Make These (Sorta) Financial Mistakes
Once again the Groovys nail it with their blatantly honest writings. Although I occasionally go brutally honest in my posts, I always admire the Groovys and their willingness to let it all hang out for the purpose of financial literacy. Their post, Nine Things Not to do When Your Financial Margin of Error is Razor Thin, should be read by every high school student for the purposes of financial literacy.
Scary Movie, Personal Finance Style
Gary over at Super Saving Tips hit one out of the park with this post, called Huge Financial Fears (Part 1). Fear is a big part of many peoples’ lives, especially where money is concerned. But Gary shares some solid tips for quelling those fears in this awesome post.
Even the Average Salaried Person Can Become a Millionaire
I found this cool article on The Motley Fool that shared a chart showing how even those with lower incomes can become a millionaire. It shares how much of a percentage of your take-home pay you need to save to become a millionaire by age 63, starting at a variety of different ages. While the numbers might not be realistic for everyone, it’s very cool to see what it would take to become a millionaire if you’re willing to make the sacrifice.
Don’t Miss Out
Apathy Ends wrote a great post called Don’t Squander This Opportunity Every Year. But most people likely will. The question is, will you?
And, in case you missed it, here are our posts from this week:
This post was written by Kayla and shares three great ways you can start investing if you’re new to the investing game.
Michael shares wisdom on passive income sources in this post.
Andrew shares his experience in real estate rental investing.
Wishing you all a great weekend. I want to thank all of the guest post writers who contributed to The Frugal Farmer this month in our joint effort of spreading powerful personal finance knowledge. And to our readers, I hope National Financial Literacy Month has left you with a “wealth” of knowledge on money management! 🙂