Personal Finance on just one page 💰

Yes, personal finance really is so simple that it can be summed up on a single page. There used to be a blog that no longer exists, and the author, Trent Hamm, seems to have retired from online frugality writing. But I saved the one-pager, and it's available for download at the end of this post.

The rest of the suggestions are part of my personal financial plan and are appropriate for someone who's not a sophisticated investor nor a professional gambler. If you understand that you need to save some money and that keeping it in the bank is stupid, then this is for you. And, I'd say we ought to keep things simple, at least until the first million. ;-)

How to start your personal finance journey:

• 📖 If you feel you need to transform your relationship with money, then the best place to start is the Bible of personal finance: Vicki Robin's Your Money or Your Life. Freedom is the new billionaire.
• 📈 If you want to invest in individual stocks, the starting read should be the staple of personal investing: Peter Lynch's One Up on Wall Street. I've had some success with individual stocks and burned some money, too. Ultimately, I found the answer in passive investing, namely ETFs. Low cost, passive, accumulating (not taxable events until you cash out!).
• 🏦 Find an online broker: a solid recommendation is InteractiveBrokers because they are reliable, offer an excellent app, and are a trustworthy institution. Plus, there are no fees or commissions if you qualify.
• ⚠️ Avoid The 20 most common investing mistakes. The most regular one is buying high and selling low, meaning you invest when everyone is crazy and then take a loss by selling during the panic. Don't try to time the market. Be patient. Be like Warren Buffett.

Access the Personal Finance one-pager here: