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Worried About Bills, Investments and Work?

10 Ways to Make the Most of Your Money and Your Life

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8. Shun Gurus Who Encourage Problematic Investment Behaviors and Beliefs
Many publications and programs offer some good information and advice. Problem is that some of the talking heads will lead you to take the wrong path. Especially prevalent online and on cable are pundits who advocate individual stock picking coupled with rapidly changing opinions. "Former hedge fund manager Jim Cramer, who is a self-acknowledged workaholic and frenetic trader, is a good example of someone you should not listen to and follow," Tyson says. "You can't possibly keep up with the never-ending changes in his recommendations, and the fact of the matter is that there's no documented proof that his investment picks have actually beaten the broad market averages over the long run."
 
9. Don't Practice Financial Envy
Our culture too often focuses on getting ahead, promotions and pay raises. But if you're going to make time for the important things in life, you must resist the temptation to be envious of those with loftier titles and salaries at your place of business and in your field. You can begin that process by realizing that there are no free lunches. Although some people are blessed with extraordinary talent and luck, you'll often find that the super-successful people in this world, with their mugs on the cover of every magazine, are workaholics. Don't emulate these workaholics to get "ahead."
 

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