The Consumerist asked some top personal finance bloggers to give a short summary of their single best piece of financial advice. Get Rich Slowly quipped, “Personal finance is easy. It’s simple. There is one fundamental law that governs your money. If you master this, you have mastered the entire game: To gain wealth, you must spend less than you earn.”
Duhn duhn duhn! The universe’s greatest secret has been revealed! Sure, chuckle chuckle, but really, that’s the underlying principle of building wealth, one that some people don’t seem to have mastered. For more details, see The Most Important Money Tip.