If you’re reading this, you’re probably at least a little interested in getting your finances in order. Maybe you’ve even tried! Maybe you’ve read a bunch of advice, but nothing seems to work for you. If that sounds familiar, the solution might not be to find more advice. Instead, focus on finding advice that speaks to you.
Personal finance is, you know, personal. It’s right there in the name, but people seem to forget just how much money management has to do with your own unique situation, habits, and behaviors. Some money writers focus on their personal debt stories. Others, like me, usually focus on practical tips. And some financial experts focus on the mindset of money in our society. At its core, though, all of this personal finance advice is more or less the same. It’s the approach that’s different. The best money advice, then, is the advice you can actually relate to.
Find a Story That Motivates You
When I first started reading and writing about money, so many people recommended Ramit Sethi’s I Will Teach You to Be Rich, saying it completely changed their life. Sethi offers the same advice that’s worked for ages, but he packages it in a way that speaks to a lot of people. For example, he’s not into cutting back on lattes. Instead of being frugal and saving $3 at a time, he argues, you should focus on saving money where it matters—housing, food, and other large expenses.
Many people find this attitude refreshing. The idea that they can still enjoy small pleasures, like a daily latte, makes them totally want to do this money thing. The advice seems to contradict traditional personal finance advice, which makes it appealing, but when you really dig into it, the advice is standard: cut back on stuff you don’t care about so you have more money to spend on things you do care about. What sets Sethi’s advice apart, though, is his mindset toward money. And that’s everything.
In other words, he has a relatable story: the guy bucking frugality to take control and do what works for him. People…