1.Establish a plan that outlines your financial goals.
2.Make a budget and stick to it.
3.Live within your means.
4.Teach your children to distinguish between things they need and things they want.
5.Buy it only when you have the money to pay for it. Restrict your credit card purchases. Buy it when it's on sale.
6.With the possible exception of a car, do not borrow to buy something that is not going to increase in value. Borrowing should be limited to paying for an education, a house, a car, or a business.
7.Separate your income into 3 parts: one part to pay all your bills; one part to save for a rainy day and retirement; one part to invest and share with others.
8.Pay your taxes and your debts.
9.Invest in yourself. Take courses or use the internet to improve your skills. Become financially literate. Learn how the global economy works and how the stock market functions.
10.Spend your money wisely. Support businesses that support you and your community. Vacation in places that you want to see thrive. If you want to see a better Haiti, invest in the country. Click here to see our list of stocks that are linked to Haiti in Haitian Stock.