normal guys do, lots of nice clothes, the latest shoes, Yet I see friends making a little bit of money and they manage to buy all these things and have nicer things, what are they doing that I need to do?
2006-06-20 18:08:59 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
I make over 100k per year, I have a buddy thats making 30k and he just manages to make his money count, I'm sure there is lots of people like this, why?
2006-06-20 18:09:54 · update #1
Try putting a little bit of money out of each check into savings. That should help.
2006-06-20 18:24:25 · answer #1 · answered by goodies100 5 · 1⤊ 0⤋
Every month make a list of what needs to be paid, rent, gas, lights, phone, other house hold expenses. If you have a vehicle, insurance and other things. Make a groc. list. Allow so much for your groceries and other items on the list.
If you have the same amount of paycheck every time it should be easy to even save a little. If you have credit cards get rid of them. Why put money in someone else's pocket when you can use it your self. If you lease a car take it back. Save your money pay cash. Pay cash for your insurance on the vehicle. In case you didn't know when you put your insurance on a monthly payment, then the insurance company has the right or discrestion to pay out if you have an accident. If you pay cash, then they have to pay. Open up a bank account. and put 10% of your check in it every payday and do not spend it, this is for life and death emergencies. Never ever lease anything. When you get older, married, and you keep leaseing. Think of the results. Consider this. You lease a car every year, five different ones. your lease in just one big lease, but if you die, accidentally or are unable to work. those leases, become due,seperatly. The lease company can and will seperate them, and take them out of your pension. Stop and take a good look at what you are spending your money on. Take a reality check. Put your self on a budget. you can still have the enjoyments of life and save. Don't mean to be rude, only blunt, I am a pensioner and I have seen what can happen to other people because they figured the money would be there forever.
2006-06-20 18:29:11 · answer #2 · answered by twentyeight7 6 · 0⤊ 0⤋
those people are usually in Debt. or with no savings. But u can get lots of good deals more often if u keep an eye.
2006-06-20 18:14:51 · answer #3 · answered by sk1295 3 · 1⤊ 0⤋
Quit blowing it on the funny cigarettes if u know what i mean.
2006-06-20 18:13:27 · answer #4 · answered by Queen B 2 · 0⤊ 1⤋