How should a person manage his financial matters? What is Francis Bacon's advice on
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Steps to manage financial matters
Following are seven steps to take to manage your financial matters properly:
1. You have to understand your present financial situation.
2. You have to set personal significances and finance goals.
3. You should create and stick to a budget.
4. Then create an emergency fund.
5. You should save for retirement.
6. Pay off all the debt.
7. And List regular progress reports.
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