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One of the best pieces of philosophy I ever read goes as follows: "The best way to handle the future is to be efficient in the now." You have to constantly be present to efficiency when it comes to economics (this doesn't apply to lovemaking). Another good piece of philosophy: "There are no immortality schemes." In other words you are not going to avoid death no matter how much debt you get into or how many material things you have or aspire to have. Finally, "Accept what comes to you woven in the pattern of your destiny for what else can more aptly fulfill your needs." One more, "Want what you have instead of having what you want." Just one more: Gibrand: "The difference between the richest man in the world and the poorest man in the world is an hour of thirst and a day of hunger."
This isn't meant to be interpreted as sit back and do nothing. One aspect of these philosophies is to develop a genuine appreciation for what is available to all of us. Read Eckhart Tolle's The Power of Now and Tony Bennett's, Life is a Gift."
Please don't forget the idea about making an extra payment each year on your mortgage. You know most of us could get some stuff out of the attic and basement and sell it and then put it towards this payment!
It will save you quite a lot of money in the long run and it is guaranteed to work. If you don't have a mortgage put it for retirement, it will still be guaranteed!
Most of the retailers and Manufacturers are charging 100's of percentage in profits by having the stuff made in China so it is best to wait as the prices will go way down like sugar did when it was boycotted back decades ago.
It's time to send a message since the wages are being pused downwards by CEO's here in America. Hell even the CEO's of American Manufacturers are pushing to destroy good wage jobs which os the primary people who use the products that are produced by that greddy CEO!
It simply shows just how stupid those people truly are. They are trying to get rid of their customers and eventually they will be out of a job but of course with a golden parachute reward for their clear stupidity! Time to wake up and smell the coffee.
Get rid of the greed and watch the economy grow! The only Company that gets it is COSTCO and they are a very successful Company for that matter!!!! Hang on until they get desperate for your dollar then get a real big bang for your buck!
If your really having money woes try this, sell all things that are of value & replace with cheaper faux
items !! I did this with Jewelry / Dishes/ paintings/ furniture/ made 4,000 dollars & replaced it all for
250 dollars paid off most of my c cards sleep better & don't miss the fluff !!
I have been using FFL lights for several years now. They still cost more than incandescents, but they have come down in price. I dropped my power bill by a good $40 a month.
Why wait for each month for the savings, I would do all of them in Jan.
The companies 401K option alone would save you at least an additional $250 of company match. Starting savings now means you don't have to save as much later in the year. Start saving earlier only makes since, and ususally dollars, in your pocket.
Seriously, young people struggling to stay afloat, and especially people with kids, need to talk to a parent or grandparent who went through the great depression. Those people were forced to be frugal and even when things got relatively better, they still stayed frugal for the next financial drop. A great rule is if you buy it pay cash (if you need it). Put the plastic away. Educate yourself 12 months a year on good financial discipline, not 1 a month. Don't replace things that are still working, resist fads. The very best thing you can give your children is your time. A trip to the park or playground or a walk in the woods etc. is far more memorable than having them sit on a couch playing with electronic toys.
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