The only five money principles you need to know

Personal finance is a complex subject. There’s a wealth of information on personal finance on the internet, in books, podcasts and so on. It is easy to get overwhelmed with all the information. To complicate it even further, some of the personal finance advice might seem contradictory.

But the truth is that money matters don’t have to be so complicated. You don’t have to read all the books, listen to finance gurus, or read every article to become financially savvy. There are a few personal finance principles that determine your success. If you desire to build a strong financial future, know these principles by heart and apply them as closely as possible: