Five Simple Steps to Stabilizing Your Finances

People automatically assume that personal finances or those topics are actually quite difficult and quite complex. So let's look at a five simple steps which anyone in Australia or anywhere in the world can do right now in order to stabilize their finances okay. Step one always pay yourself first try and save 20% of your after-tax money and pay it to yourself straight off your salary. Step two invest that money ideally in a broadly diversified index fund or property or whatever that you understand. Step three always reinvest the dividends which you receive from that investment never cash it out never touch it pile it on to the original investmentLet it grow. Do it for the long term and do it for I think at least