The thinking in America today is “much much better.” “It’s worth the cost.” “Get it and pay for it later.” These ideas are not wise. Our government is a prime example of our national debt with an all time high record of insolvency.
Saving life does not mean choosing poverty and certainly it does not mean stopping quality. Many millionaires are millionaires not because they became famous or because they inherited money. They are themselves millionaires who work hard, sacrifice and choose to spend their money wisely. I’m not saying that all of us who work hard, sacrifice and spend smart money can become millionaires but we can really live more comfortably and without worrying from under the stress of owing others our salary.
Here are the things you can do to anticipate that salary:
1. Payment money. If you can’t pay cash don’t buy. Stop using credit cards. Credit cards are a trap. The only way you should use a credit card is if you pay it off in full each month. If not cut it! Charging an item to a credit card and then paying it off over time ends up costing twice as much sometimes as even triple the original value of the item. You better save a few months and pay money then charge it and they will try to pay the credit card. You are consumed by interest.
2. Eat at home. Pack your lunch and take it to work. Lunch per day costs anywhere from $ 10- $ 15 a day. If you pack your lunch, you reduce the amount by up to $ 2- $ 3 per lunch or even less if you scatter the leftovers at home. That’s saving $ 160- $ 240 a month. It doesn’t matter, if you cut back on eating at dinner time and eat at home as a family. That’s extra savings of over $ 200 a month.
3. Write a budget. Budget your income at the beginning of each month. Assign a set portion of your income to your primary expenses ahead of time. This will help ensure that you do not waste money. (Main expenses: Rent / Loan, utilities, food, car payments, gas, insurance, storage, etc.) It helps you figure out what goes where and how much you have left after you pay. all so you don’t have to spend.
4. Buy new used or have a discount. You can get anything you need whether newly used or at a discount. You need to know where to look. Don’t pay full price for anything. The Big Lot, Ross Dress for the Not Easy, Nike Outlet, The Dump, and more are examples of stores that can get discounts on new items. These stores have sales and coupons at discounts as well as new items. Garage sales, furniture rental, warehouse stores and now and then the internet is a great resource. EBay is a great tool for new and used items. You’ll be amazed at what you’ll find and how expensive it will be once you start looking. No one knows the difference. You’re addicted!