How To: Tame Your Expenses And Build Your Savings. A Beginner's Guide To Personal Finances

James Watermann's "How to: Tame Your Expenses and Build Your Savings - A beginner's guide to personal finances" is designed to provide structured guidance on managing your money to avoid difficulties. Far too many people in the world are struggling to make ends meet, but most of them can't be blamed for their misfortune.

When schools fail to provide basic financial literacy, it can have a lasting impact for generations. Even at home your household's finances might be a sensitive issue nobody wants to talk about, much less with children. Personal finances are a very sensitive and deeply guarded secret-until it is too late.

My experience with friends and colleagues has convinced me to share my approach to managing personal finances and let others benefit from it too. Everything written in this book is based on what I have been doing every single day for more than ten years now.

Each chapter of the book will guide you on a journey to financial stability, starting with the importance of a good credit score, setting aside your first few cents, understanding your cash flow, and creating a balanced budget.

It then moves to building stable long-term savings, understanding the importance of protecting your money from inflation, and towards the end it outlines some ideas on how to work with your savings once you have them. Sharing this approach has already helped people around me, and I want to share it with as many others as possible.

Our modern-day society is built on instant gratification, non-stop marketing, notifications, and an endless supply of dopamine. How can you hope to resist? No wonder you might be spending your days afraid of the next credit card bill, losing your job, or speaking up even when you know you are right.

I believe that providing as many people as possible with the knowledge of how to achieve financial stability will make the world a better place. If you can spend less time worrying and more time with your family and friends, or working on your dream