What are the ten most important things about personal finance someone without a finance background must know?

1. AVOID USE OF CREDIT CARDS OR EFFICIENT USE OF CREDIT CARD(S)

2. SAVE AND INVEST IN PRECIOUS METALS & PROPERTY & HOLD IT FOR LONGER PERIOD(S).

3. SAVE ENERGY. 

4. BUY GROCERY FROM WHOLE SALE .

5. USE GAS INSTEAD OF PETROL (OR USE IN PROPORTION).

6. EATING OUT IS ALWAYS EXPENSIVE, HOME MADE FOOD IS CHEAPER & HEALTHIER.

7. AVOID BRANDS 

8. EFFECTIVE USE OF COUPONS & DISCOUNT CARDS ALSO SAVE LOT OF BUCKS

9. SHARING AND SHARED FACILITIES SAVES A LOT AND UP YOUR FINANCES.  

10. HEDGING.

1.     Spend less than your cash flow

2.     Save money

3.     Don’t buy unnecessary items that will not be used often

4.     Try to buy in bulk (Daily needs)

5.     Avoid abusing credit cards

6.     Have no debts

7.     Invest (Properties if you can afford it)

8.     Try and do few take-outs (maybe once every month)