Personal Finances Are Easy
Here’s something you’ll never hear from an accountant: personal finances are actually very easy. However, here at Baker DDM, we have no interest in blending in with the crowd. If, for some reason, you want an accountant to tell you that personal finances are minefields, that you need a handful of specialized degrees to handle them or that any decision could be your doom if you don’t know exactly what you’re doing, you’ll have no problem finding those services elsewhere in Atlanta.
At Baker DDM, our philosophy of “Trust, Service and Respect” means we always want to be upfront with our customers and support their understanding and independence. We don’t want scared clients; we want empowered ones.
So the truth is that your personal finances are not a challenge that requires a herculean effort. Instead, they take common sense, applied liberally and often. The following advice can be applied immediately and to profound ends:
- A fifth of your income should always go right into your savings
- Every month, pay your complete credit card balance
- Keep an eye on fees and avoid any funds that are actively managed
There, that wasn’t so difficult, was it? If every American kept to these three principles, there would be very little in the way of “money troubles.”
Of course, Baker DDM still exists for a reason. That’s because you probably have unique goals that are different from others. So while the above will keep you well funded, when it comes to what to do with those funds, our professional services are second-to-none.
Don’t overcomplicate your personal finances. Instead, practice the above three principles and contact us when you need help.