No matter what direction you are trying to go in, or no matter the size of your pie, you need to understand that you are in control. It's imperative that you write down your regular monthly expenses. Having a budget will help earmark funds for a slush fund before you actually spend it. Clear budgets highlights the impact of all of your debt. No matter who you are, you should have some sort of emergency fund. Emergency funds is key when having a primer on personal finance.Avoid elevating your lifestyle until you have an ample amount of funds set aside. Three months of living expense is the minimum amount you should have put away.

 

When working on local a primer on personal finance, you should be sure to pay down debt, save and invest all in that order. Avoid paying the minimum on your debt to allow yourself to see progress. Start saving at least 10% of your pre tax income and be sure to save something so that you won't have to learn how to save later. Watch the market and invest. Even if you don't know anything about stocks and bonds, there are people who are willing to guide you through and help you invest in lucrative, money making opportunities.