1. A well-built financial house starts with a strong foundation of investing in yourself, by using the mortar of education, strengthening personal assets, recognizing opportunities, and setting realistic and achievable goals.
3. Spend sensibly to fill your home with the things you need and keep it in order; overspending can result in both physical and financial chaos. Map your money and manage cash with banking tools to stay in control.
4. Checking the insulation can minimize a house's hidden heat loss, just as checking taxes can minimize dollars being lost to tax benefits overlooked.
5. Much like adding an extra room in the attic, you can expand your financial house by making your money work for you through saving, investing, and monitoring what you own.
6. Just as the roof protects your physical house, protect your financial potential by having a cash savings for emergencies, managing risks with the right insurance, and being an informed consumer.
7. Finally, only borrow to buy assets that will grow and feed your financial future, like the seeds of a fruit tree. Borrowing in excess, similar to overwatering a seedling, can slow your financial growth, weigh it down, or drown it out.