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Everything You Need to Know About Personal Finance

Fresh out of law school with that six figure debt? Looking at your income, bills, loan payments, etc. and wondering how to manage it all? I have the perfect personal financial system for you.

If that’s not clear enough:

 

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About Keith Lee

I'm the founder and editor of Associate's Mind. I like to write, talk, and think about law, professional development, technology, and whatever else floats my boat. I practice law in Birmingham, AL.

5 comments

  1. One of my favorite SNL skits of all time. (Though one might argue the lesson would have been best learned by some before taking out six figures to pursue a career in a profession that, even before the recession, did not always have salaries to justify it.)

    • True, but I imagine many of those who have gone that path had their head’s so firmly up their asses that they wouldn’t learn the lesson regardless.

      I don’t have too much sympathy for those who went to law school with dreams of money, power, recognition, etc. Not to mention that they bought the law school spiel “95% employment/average starting job $100k!!!” hook, line, & sinker, despite the economy being crap for the past 3 years.

      On a more serious note, on this topic, this:

      http://www.getrichslowly.org/blog/2010/10/11/diy-personal-finance-how-to-take-control-of-your-financial-life/

      is one of the better overviews of good personal finance habits I’ve seen. JD plugs his book but it’s not necessary to buy it. Spend a couple hours at his site and someone can find out all they need to about personal finance.

  2. Don’t buy things if we don’t have any money. What an interesting advice. Most of the people used their credit cards to overcome this situation. But basically end up with higher debt to pay.

    Thank you for sharing this video.

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