Ever read the book Total Money Make Over by Dave Ramsey? Well is it one everyone should read. I work with a company that encouraged us to read it. Too many throw away money!
When you go to purchase something you must ask yourself, is this something I NEED? Is this “stuff”? If you do this with every purchase including the items at the grocery store you will find yourself putting many items back on the shelf.
Another suggestion is to use the debit card and take the money out of your account right away. Do not add it to the credit card so at the end of the month when the bill comes you do not have the money to pay it off. Watch your spending daily through out the month. Don’t let the end of the month bills be a surprise!
After reading Total Money Make Over I even challenged my IRA’s. Are they diversified? Am I having the same results as the S & P 500, yearly? If not then somethings need to change. The author brings a lot of food for thought. Are you one who leases a car, pays the bank for your car or do you “own” your car out right? Those who own their car are better off because they “own” it and not the bank or car dealer. Those leasing a car are just throwing away the payment every month with nothing to show for it at the end of the lease. Those who finance a car end up paying much more than the car is even worth.
I suggest you read the book. You will be better off financially and feel good about your financial accomplishments.
Before Your Spending Is Out Of Control!
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