List the ten principles of personal finance

What will be an ideal response?


Answer:
Principle 1: The best protection is knowledge.
Principle 2: Nothing happens without a plan.
Principle 3: The time value of money
Principle 4: Taxes affect personal finance decisions.
Principle 5: Stuff happens, or the importance of liquidity.
Principle 6: Waste not, want not—smart spending matters.
Principle 7: Protect yourself against major catastrophes.
Principle 8: Risk and return go hand in hand.
Principle 9: Mind games, your financial personality, and your money
Principle 10: Just do it!

Business

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