LOOKING FORWARD TO RETIRING??? MOST ARTICLES ON FINANCES IN RETIREMENT STATES
HOW MUCH YOU WILL NEED TO LIVE WITHOUT A WEEKLY, BIWEEKLY MONTHLY CHECK. THIS IS
HOW MILLIONS OF AMERICANS RETIRED EACH YEAR. SOME WITH A LOT LESS THUS A LOWERING
OF THEIR STANDARD OF LIVING.
RETIRING WITH MORE INCOME/INCOME THAT CONTINUEs TO GROW EACH YEAR IS THE BEST SOLUTIONS.
SOME CHOOSE RENTAL INCOME, SOME CHOOSE PASSIVE INCOME, RESIDUAL INCOME, OR THEIR
SAVING AND INVESTMENT IS SUCH THAT THEY ONLY NEED A SMALL PORTION TO SUSTAIN THEIR
STANDARD OF LIVING.
AT AN EARLY AGE EARNING ADDITIONAL INCOME, INVESTING, SAVING, CUTTING SPENDING, PAYING
DOWN DEBT IS THE KEYS TO FINANCIAL FREEDOM IN RETIREMENT.
READING/STUDYING, LISTENING TO AUDIOBOOKS ON FINANCES IS A MUST. SIMPLY BECAUSE VERY
FEW HIGH SCHOOL TEACHES CONSUMER ECONOMICS.
RETIREMENT CAN BE AN AWESOME TIME IN LIFE. GREAT HEALTH, GREAT FINANCES IS TWO OF THE KEYS.
IT IS NEVER TO LATE TO LEARN ABOUT FINANCIAL FREEDOM FREEDOM TO CHOOSE — CLICK NOW
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AMD FRIENDS/FAMILY/COWORKERS. THIS IS A GIFT THAT KEEPS ON GIVING.
READING/LISTENING TO SELF HELP/INSPIRATION BOOKS/MOTIVATIONAL BOOKS IS A SURE WAY TO REACH ONE GOALS
Frugal Spending & Paying down debt
“Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty-pound ought and six, result misery”. These words from Charles Dickens popular novel David Copper Field summarize frugality accurately. In a layman’s term frugality is thriftiness or the quality of being economical with available resources.
Adapting frugality is more than just a habit, in fact it is a mindset. While saying that, it is a mindset which can be adapted with practice and patience. It is especially important for those who are in the process of paying down debt. The mathematics of frugality are straightforward as every dime you save can go to paying down your debt. This in turn means that you can pay down your debt much faster and be done with it much quicker.
There are numerous ways in which you can adapt frugality and be more sensible with how you spend your resources. Below are the three easy ways of initiating frugal habits:BUILD WEALTH NOW CLICK NOW
1. Creating a 30-Day purchase list; Impulse buying can prove very costly but it can be curbed. One way of doing that is to create a 30-day buying list. If you want to buy something other than a true necessity (medicine, food) just put it on the list with the date you want to purchase it. The rule is not to buy anything (apart from necessities) for 30 days after purchasing that item.
2. Carpooling or taking the bus; Carpooling is a major money saver, plus it helps you to socialize more. Find a friend or a neighbor who lives and works in the same vicinity as yours. Your rides will be more joyous and economical. If carpooling does not work, simply take a bus and enjoy a stress-free ride to work.
3. Quit smoking; Apart from being bad for health smoking is a money vampire. On an average, a smoker loses close to $1500+/- in an year (Depending on habits). In monetary terms smoking is a two-ended spear. It hurts the smoker in the present (monetary cost of purchasing tobacco) and in the future when the smoker must deal with the additional health costs. Quit smoking and live a simpler and healthier life.
As mentioned earlier, frugality is a mindset therefore starting with a few of these habits will enlighten up your mind. You will start seeing room for frugality in every aspect of your life. The shift in your view will help you save even more money. This is good news for your debt payment ambitions because it means that you are well on your way to pay down your debt more quickly.