Releases Short and Sweet List of “Common Sense” Personal Finance Advice

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Coming shortly after an article published by the Star Tribune on September 21st, 2013 entitled, “Farrell: Common Sense Personal Finance Advice Fits on an Index Card”, published its own list of what they state is the only three pieces of financial advice that a consumer needs to succeed.

Today published its list of what they call the only three key pieces of knowledge that one needs to be financially successful. was inspired to comprise a short but sweet list for its readers after a Star Tribune article was published (titled “Farrell: Common Sense Personal Finance Advice Fits on an Index Card") about a University of Chicago social scientist who claimed that the best investment advice could be written down on a sole index card.

According to the Star Tribune article by Chris Farrell, published September 21st, 2013, social scientist Harold Pollack was quoted as saying during an interview that the best investment advice could be imparted via a single index card. He then proceeded to write his nine pieces of advice on a single index card, proving his prophecy.

The article states that a few of Pollack’s recommendations are, “Pay attention to fees. Save 20% of your money. Pay your credit card balance in full every month. Max out on your 401(k).” wanted to give their readers an easy-to-follow financial guide, one that they insist can be read and heeded by everyone. Their list focuses on the financial “golden rules” rather than investment recommendations. The list is as follows:

1.     Make more than you spend.

2.     Budget everything—and we mean everything.

3.     Plan for security for you and your family, but remember that you can’t take it with you. feels that these are the three golden rules to leading a financially successful life. When asked about the third point, which could be construed as an oxymoron, the company elaborated by explaining, “It’s certainly important to plan for one’s future in terms of finances. Without planning, retirees may be confronted with the unfortunate event of a reduced quality of living sans income. Proper financial planning, however, can guarantee years of stable, secure and happy living during one’s golden years. But remembering that you can’t take it with you is part of it too. You can’t become so miserly that you save every single penny, never splurging on things like vacation, or helping others in need with your money.”

The advising company urged its readers to try following their three golden rules, stating that there are plenty of resources to get consumers started with budgeting, planning for the future, and figuring out what sorts of expenses they can do without to begin earning more than they spend. recommends that readers learn more about resources out there for their future planning and for managing their present financial state. JIA urges readers to look for resources like templates to help them budget and tips on staying on top of budgeting. For possible future planning, recommends that readers look into this site’s data on life insurance without medical exam s required.

About is an online source for news, advice, and counseling pertaining to personal finance and insurance topics.

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