2006-08-16 18:58:26 · 5 answers · asked by K.G. B 1 in Business & Finance ➔ Personal Finance
NOT SPENDING FRIVOULOUSLY AND BUYING ONLY WHEN ON SALE AND IN BULK TOO ESPECIALLY IN FOOD ITEMS THAT ARE NOT PERISHABBLE . mY HOUSE IS PAID OFF AND MY 10 YEAR OLD CAR RUNS LIKE A TOP WITH 300,000 MILES ON HER .mY RETIREMENT IS SET AND MY cdS ARE DOING WELL AND i HAVE STUFFED FULL rOTH AND 401K PLANSO WHEN i RETIRE iCAN ENJOY EVERYTHING THAT I DID NOT BUY WHILE I WAS YOUNG AND GO IN DEBT FOR .
2006-08-17 08:22:59 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Each week i am due to get paid I make sure my bills come out first like my phone,electricity, satellite tv, I find out what I use apporximatley each month and budget each week to cover the months useage so that way I know the money I have in the bank is for groceries and the rest is to do as I please.
I Paid off a whole heap of debt but the whole time I put away $5 a week in savings, two years later I had a nice little nest egg which I put into a high interest earning account.
I also buy in bulk stuff I use alot of like washing powder and stuff like that, or buy in bulk when it is on special. I shop around for the high ticket items and I think about something before I buy it if it a impulse buy. Most of the time I walk away and don't go back.
By doing this I have brought a new car and have my own buisness this I have done in a 2 year period and I wouldn't of been able to acheive it without being disaplined.
2006-08-16 19:11:34 · answer #2 · answered by ozi_nut 5 · 0⤊ 0⤋
You have to become free from
lust - to enjoy this material world
greed - to desire to collect more than necessary
anger - when frustrated to get something to enjoy,
envy - to think 'why others have more than me? I should have more'.
illusion - that money or any other material thing can make you happy. (NOTE: Just think it over why so many rich people have stress.)
However, to improve your life in this way you can do that only by some spiritual process and not in material way that even more develop these qualities I mentioned.
The most simple way is to chant Hare Krishna and be happy.
Type in and visit "bhaktivedanta108" the first site in the google result.
2006-08-16 19:16:14 · answer #3 · answered by Rama 2 · 0⤊ 0⤋
I`ll write all my expenses in a piece of paper and read it.Usually, to find out that I have spent lots of money and that makes me more carefull in buying things (only to buy very important things).
2006-08-16 19:11:28 · answer #4 · answered by cassie d` mignon 2 · 0⤊ 0⤋
Pay all the bills first. Do not use credit.
Save one third of what is left for retirement
Save another third for emergencies.
Enjoy the rest.
2006-08-16 19:03:22 · answer #5 · answered by Anonymous · 0⤊ 0⤋