It's very simple...
- Always live below your means.
- Don't use credit cards.
- Don't get married.
- Don't have kids.
- Dont take investment advice from Goodrum.
fixed
It's very simple...
- Always live below your means.
- Don't use credit cards.
- Don't get married.
- Don't have kids.
If you are disciplined and have a good credit score, you can get approved for and use cash back rewards credit cards. You could be getting $600 to $1,000 cash back a year, even more, on rewards alone.
Just pay it off at the end of the month or every two weeks. Never carry a balance and never pay interest.
I think people understimate the power of interest.
A uncle in law bought a new 25,000 Nissan on credit. $4000 right off the bat and $600 a month, during 5 years. When you do the math... oh boy, he ended up paying 40,000. :-\
Adjusted for inflation, those $25,000 would be the equivalent to $29,000 not 40 grands. :-X
Discipline is the key. Even responsible people get in trouble using credit cards because of some financial issue, job loss, divorce, car repairs, etc.
Anyone who buys an expensive new car, who already lives hand to mouth is basically a moron.
I've been writing down my expenses on a excel sheet in my phone. Turns out I'm spending too much on trivial things.
If you ever asked yourself where your money did go, try writing it down.
PD: My gf and my mom laughed at me for doing this, ha! I still think it's a great tool to help you save money
PD2: bodybuilding related, you may be speending too much on suplements!
It's very simple...
- Don't use credit cards.
Either way to the OPs point, yeah, I've tracked stuff (mint.com is awesome), but then I realized, yeah I spend too much on coffee, and could save....but I LIKE it, so fuck it.
Small mind thinking what you should be doing is thinking about how to increase your income so you dont have to worry about trivial spending, I think you need to hire vince goodrum life coach services.
tell me about this. Do you buy really nice beans and grind them? Or some higher end kcup thing? I'm very new to coffee, enjoying it maybe 1-2 times a month.
Small mind thinking what you should be doing is thinking about how to increase your income so you dont have to worry about trivial spending, I think you need to hire vince goodrum life coach services.
It's very simple...fixed.
- Always live below your means.
- Don't use credit cards. ( wrong, cc's help with credit score if used correctly )
- Don't get married. (Wrong, 2 incomes are better the one most of the time)
- Don't have kids.
Get rid of Cable/Satellite - use an antenna for HD signals for local channels + PirateBay + NetflixSling tv is cheap and decent.
2lb coffee beans are approx $10 and last months, pod / starbucks waste of $$
limit eating out to once per month
only buy on sale items when grocery shopping, buy multiple of items you always use
Time gas purchases when price goes down
If you are disciplined and have a good credit score, you can get approved for and use cash back rewards credit cards. You could be getting $600 to $1,000 cash back a year, even more, on rewards alone.
Just pay it off at the end of the month or every two weeks. Never carry a balance and never pay interest.
I've been writing down my expenses on a excel sheet in my phone. Turns out I'm spending too much on trivial things.
If you ever asked yourself where your money did go, try writing it down.
PD: My gf and my mom laughed at me for doing this, ha! I still think it's a great tool to help you save money
PD2: bodybuilding related, you may be speending too much on suplements!
Yep, I do this as well. Just set up your autopay to pay the remaining balance and don't be stupid about spending. I've got the Citi business card through Costco and get 4% back on already cheap gas there. That alone makes it a good deal for me plus it's 2-3% back on pretty much everything else.Are you a Vet? Bases are the best places to save money.
Simple math. Money spent can't be more than money earned. I use credit cards all the time and just pay them off monthly, and reap the rewards. I put away money for retirement and pay extra on my mortgage. I'm on a 15 year note and will have it paid off in less than ten. I do spend on myself at times, just nothing more than I can afford. I also, like someone else said, have a separate slush fund that can pay ten months of bills. I hope I'll never need it, but just in case, and I don't touch it under any circumstances. Fact is, most people live above their means, for whatever reason. I'm sure I could've gotten approved for a house three times as expensive as what I have, but I have no desire to be house poor. I live in a good neighborhood with good schools, which having kids makes it more important to me.Good schools are important with kids.
I think people understimate the power of interest.
A uncle in law bought a new 25,000 Nissan on credit. $4000 right off the bat and $600 a month, during 5 years. When you do the math... oh boy, he ended up paying 40,000. :-\
Adjusted for inflation, those $25,000 would be the equivalent to $29,000 not 40 grands. :-X