Great post man, a big one to highlight for some people as well would be to reduce debt, with an eventual goal of removing it altogether - I am not talking about a mortgage or a car loan here - they are OK, so long as you are meeting those monthly pay downs and little by little reducing the principle that you owe. Reduce principle and make occasional pay downs too, as the quicker that principle reduces, the less interest you pay, simples :)

The main debt I am talking about here is credit card debt with it's often very high interest rates. My wife and I insist that the bank caps our credit cards at €500 max, so that they can never spiral, and we only use them when we have to (car rental, forgot ATM card etc) - that works pretty well. Those who allow €10K, €20K etc credit card debt to build up will be paying lots of high interest and only slowly reducing the debt and possibly even increasing it if they continue buying stuff on the card. It is very tempting, but is terrible for the household finances.