Don’t you just love that title? Doesn’t it make you want to know, what apparently such a large portion of financial bloggers agree on? Isn’t it a great manipulation of numbers?

I was in a course and the instructor felt she needed to get us to really believe a point she was making so she stated,

“…. 99.9% of the people I talk to, agree that…”

This statement is (of course) completely bogus, since I somehow doubt she has spoken to 1000 people about the point she was making (and that she only found 1 person to disagree, since I disagreed with the statement as soon as it came out of her mouth).

Are there concepts that Financial Writers agree on so absolutely ? What might some of these important ideas be, that most Financial Writers agree with?

• If you spend less than you make, you will be able to stay out of debt, remember I have already written about 10 Steps to a Debt Free Life.
• If you do nothing about your retirement, you will have a very uncomfortable retirement (unless you win the lottery, have a huge inheritance, or lived your life completely out of debt).
• You must have an emergency fund, it must  at least 3 months gross pay, and it must not  invested in the stock market.
• It doesn’t really matter if you put extra money in your Mortgage, RRSP or TFSA, as long as you do it, and stick to it (although 84.23% of Fin Bloggers might say start with the Mortgage and then, save it in something).
• Pay Day loans are a bad idea, no and ifs or butts.
• The best time to figure out whether you bought the correct investment is 5 years later, but that won’t change anything (sorry).

Any other things that 99.9% of financial bloggers agree on?