6 "Commonly Known" Money Rules That Can Hurt You!

This video discusses 6 “commonly known” money rules that can hurt you.

Some rules of thumb around money are smart in almost every situation. With rare exception you can bank on the wisdom of these. A penny saved is a penny earned, mind the pennies and the dollars will take care of themselves and don’t be penny wise and pound foolish come to mind.

However, these are not those! Occasionally these work, but often time they don’t! A few on the list just don’t make any sense at all!

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Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.