You can't buy practice

My little seven year old boy was on his way to get new basketball shoes and shorts. He asked me what would help him shoot better. I told him, practice.  He then exclaimed, "You can't buy practice!"

Same goes for money. You can buy a lot of financial tools, but nothing is better than practice. Practice allows us to learn nuances. It allows us to find out what works for us. 

Practice recording expenses. Practice consulting with your spouse prior to making a large purchase. Practice planning the future with your family. Practice paying off  debt. Practice saving.

You can't buy practice, but you can buy a lot of nice things with the money you accumulate by practicing good money habits.

 

(Photo courtesy freedigitalphotos.net)