8 Experts Share the Best Financial Advice Ever Received

“The thing my mother taught me is not to define yourself in terms of inanimate objects. For young professionals, building an identity around the things you own can be an easy trap to fall into--but the bottom line is a leased BMW won't make you any happier or cooler, and it will make it harder to take care of the more important and fulfilling things in your financial life.”

“Decide where you will get out before you get in.”

“Don't spend more than you earn, and pay yourself first.”

“As a newlywed dual-income family, we were told to live off only one income and save the other. Best advice I ever got.”

“Make your money work for you, not against you. Investing works for you, debt works against you.”

“Remember that money's only real value is the good you can do with it.”

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“Stay out of debt, no matter what.”

“Simplification is one of the great things. Get to a point in life where you don't need to make too much, because most people are trapped. The other great thing is having multiple streams of passive income. Passive income is taking your income and putting that money to work for you. So while you sleep, that money is working harder than you work.”

Zac Bissonnette Author: Good Advice

From Bad People

David Wood TheKickassLife.com

Jack Schwager Author: The Market Wizards

Pat Flynn SmartPassiveIncome.com

Joshua Becker: BecomingMinimalist.com

John Lee Dumas: EntrepreneurOnFire.com

Devin Thorpe Author: Your Mark On The World

Michael Hyatt MichaelHyatt.com

Austin G. Netzley YoPro Wealth: Take Control. Make Money. Live Wealthy.