Basics Setting Goals
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Miriam Caldwell has been writing about budgeting and personal finance basics since 2005. She teaches writing as an online instructor with Brigham Young University-Idaho.
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Updated April 14, 2020
One of the biggest differences between the wealthy and the less wealthy is that wealthy people earn interest, and everyone else pays interest. It is important to realize that money is a tool that can help you to achieve your goals. For you to reach true financial independence, you need to have your money begin to work for you—not you for it. Here are three things you can do to start making your money work for you. These three steps can also help you break free of the bad financial habits passed down through your family. If you can follow them, you will begin to manage your money.