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My Money Five

MyMoney.gov  is the U.S. government's website dedicated to teaching all Americans the basics about financial education. The website has several special features including My Money FiveMy Money Five discusses making the most of your money by starting with five building blocks for managing and growing your money. Use these five principles in mind as you make day-to-day decisions and plan your financial goals.

The Five Principles

EARN – Make the most of what you earn by understanding your pay and benefits. Read more...

SAVE & INVEST - It’s never too early to start saving for future goals such as a house or retirement, even by saving small amounts. Read more...

PROTECT – Taking precautions about your financial situation, accumulate emergency savings, and have the right insurance. Read more...

SPEND – Be sure you are getting a good value, especially with big purchases, by shopping around and comparing prices and products. Read more...

 BORROW – Borrowing money can enable some essential purchases and builds credit, but interest costs can be expenses. And, if you borrow too much, you will have a large debt to be repaid. Read more...

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