hard earned money are valued and expenditures are prioritize, so how do you define your spending habits...
2007-10-29 19:43:12 · 4 answers · asked by Samantha L 2 in Business & Finance ➔ Personal Finance
knowing the difference between needs and wants -- yes all of us need some "wants" but we can do with out some of them!!!
2007-11-06 09:40:43 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Wisely Definition
2016-11-05 09:22:48 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Do I really need it? That is the question I ask - whether it pertains to buying a bag of potato chips or a Mercedes-Benz. Sometimes you have to splurge for fun - hopefully on the chips, not the Mercedes.
The other question I ask is "Can I pay cash for this?" Other than when buying a house, if I can't pay cash for it then I don't need it. I realize this isn't feasible for everyone, but it is for me and I stick to it.
So....if I need a car, I like the Mercedes, and I can pay cash...then I'm getting the Benz. Otherwise I'll keep my old car and just eat the chips.
2007-10-30 11:06:14 · answer #3 · answered by voluntarheel 5 · 0⤊ 0⤋
Spending on needs first before wants and of course spending within your means. I think that is spending wisely. It is not enough that you know what your needs are but you make sure that your current income will be able to support this.
2007-10-29 19:53:44 · answer #4 · answered by janey_bei 4 · 0⤊ 0⤋
This Site Might Help You.
RE:
what does "spend wisely" means to you?
hard earned money are valued and expenditures are prioritize, so how do you define your spending habits...
2015-08-06 22:42:07 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I save 10% of what I earn and burn the balance :)
2007-10-29 20:06:36 · answer #6 · answered by The Guru® 5 · 0⤊ 0⤋
spending your needs ofcourse knowing the limit of your resources..
2007-10-29 20:01:43 · answer #7 · answered by jipsie 2 · 0⤊ 0⤋