Stop Senseless Spending Unfortunately, people have a habit of spending their hard-earned cash on goods and services that they don't need. Even relatively small expenses, such as indulging in a gourmet coffee from a premium coffee shop every morning, can really add up - and decrease the amount of money you can save. Larger expenses on luxury items also prevent many people from putting money into savings each month. Do the mathematics and see for yourself, just take can drinks for example, it cost around $1.50 per can and you can consume up to 1 can a day, that’s 45 bucks a month 540 a year! Conclusion, you might want to consider bringing your own water around.
That said, it's important to realize that it's usually not just one item or one habit that must be cut out in order to accumulate sizable wealth (although it may be). Usually, in order to become wealthy one must adopt a disciplined lifestyle and budget. This means that people who are looking to build their nest eggs need to make sacrifices somewhere - this may mean eating out less frequently, using public transportation to get to work and/or cutting back on extra, unnecessary expenses.
This doesn't mean that you shouldn't go out and have fun, but you should try to do things in moderation - and set a budget if you hope to save money. Fortunately, particularly if you start saving young, saving up a sizeable nest egg only requires a few minor (and relatively painless) adjustments to your spending habits. Will give up more tips to retiring rich the next time!
Do send me emails to give me your thoughts comments over at adolphuslee@hotmail.com
3 comments:
hahaaa i'm staying tuned. loverboy~
hahah..thanks my dear, drop by more often n click on this links, i wanna test out whether google will really pay me! lol
dude hope u get paid by google! Good Luck.
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