Best Financial Tips

November is Financial Literacy month, which makes it a pretty important month because financial literacy is extremely important to everyone’s life.

Thanks to Glenn Cooke at LifeInsuranceCanada.com, a bunch of Canadian bloggers are lighting up the blogosphere with the Blog for Financial Literacy campaign by sharing  “My best financial tip” and publishing it today.  The intention is to provide financial information to Canadians in a simple and easy to understand fashion, thus contributing to financial literacy.

Before I get into my tip, I have also made a list of other “Best Tips” from other bloggers.  In case I missed anyone, please send me the link and I would be happy to add you to the list.

My Best Financial Tip

My best financial tip is that the best tip is the implemented tip.  Below you will find lots of great ideas from saving, to budgeting to organizing to making more money.  The fact remains, there is no shortage of great ideas but an idea that is not implemented is a wasted idea.  In fact, I think of it as a wasted opportunity.

There’s an old saying that goes something like this:

If you always do what you have always done,

You will always get what you always got

If you want to improve your financial literacy, one would think more knowledge is the key.  In my opinion, knowledge is the start but action delivers the results.

Read through the following tips from different personal finance bloggers and start with the tip that resonates most with you.  Then figure out how to implement the strategy.  That’s the best tip I can give anyone!

Good luck!

Other best financial tips

 

 

 

Written by Jim Yih

Jim Yih is a financial expert, columnist, best selling author and award winning blogger. He is also a Group Pension Consultant for Clearpoint Benefit Solutions.To learn more about Jim, visit www.RetireHappy.ca and JimYih.com.

6 Responses to Best Financial Tips

  1. Thanks for posting the list this is very helpful. I have some reading to do now. Mr.CBB

  2. Eddie says:

    Great roundup!
    Nice to see many PF blogs and Canadian taking part in this!!

  3. Great roundup of the articles associated with this campaign.

    “You want to improve your financial literacy, one would think more knowledge is the key. In my opinion, knowledge is the start but action delivers the results.”

    Well said :)
    Mark

  4. Howard says:

    There is No Investment for All Seasons but there is a Season for All Investments.
    No such thing as a Risk Free Investment.
    DEBT is a four letter word.

  5. Thanks for posting the list. It’s a great way for readers to click and read what each blogger has written about their Best Financial Tip. Cheers Mr.CBB

  6. Michael says:

    Very strangely, my wife was quoting this to me the other day when I was debating with her about money. I hated to admit it at the time, but it’s a very wise statement.

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