Professor Nygren's passed on these valuable tips to his Business 101 class. Don't just take his word for it. Decide how this advice can fit in with your financial needs and goals. You won't be disappointed.

1. "Pay the Lord 10% first:" Tithing should be the first expense for all income. Get in the habit and the windows of Heaven will be opened.

2. "Pay yourself 10% second:" You work too hard to give everyone else the money you earn without keeping any for yourself.

3. "Set financial goals:" Plan ahead for major expenses like buying a home, a car, and even retirement.

4. "Save now:" Americans save almost 0% of their income on average. You never know when you are going to need extra cash for a rainy day. 

5. "Start now:" Time is on your side, especially when you’re young. Let interest work for you instead of against you.

6. "Diversify:" Don't put all your eggs in one basket. Consider no-load mutual funds or index funds. Manage your own assets. Stocks for long term investments, bonds and money markets for mid to short term.

7. "It's your money:" No one cares about your money more than you. Watch out for commissions and investment scams. Use the web to research for yourself instead of relying on someone else to invest your money.

8. "Save on taxes:" 401(k)s and IRAs are tax deferred while ROTH IRAs are tax free.

9. "Get Lucky:" Don't gamble or take big risks, because only a few people get lucky and everyone else gets burned. Monitor your assets and make adjustments as needed.

10."Stay put:" There are only three things you can count on in life: death, taxes, and market volatility. Markets go down and markets come back up. In the past, those who have kept their money in the market have come out on top even after the market drops.