10 things that make you poorer
Some purchases keep costing you over a lifetime of use; others may have been a bad idea to begin with. Here's what to know to minimize unplanned spending.
VIDEO ON MSN MONEY
We have become accustomed to believing that a 'want' is a 'need'. We need oxygen, water and food to live, We don't need a TV or a car to live. We want those things because they make us feel good and make life easier.
I do believe of the things they listed, the smart phone is the best return for your money and even if I was on the brink of being homeless, it is the last thing I would get rid of. If you are applying for a job, you need a way for the prospective employer to contact you via a phone call or email. You can use the phone to look up jobs without getting in line at the public library's computer. You can read and keep yourself up to date on the news , surf the net for relevant information for educational purposes and pay bills. It takes the place of a home computer and DSL/Cable line.
wtf,....really you pay people to write this kind of stuff....smart phone cost money????Really.... what kind of stupid people you got working there? With all the **** going on in the world you write and post this kind of stuff...very disturbed on the quality and intelligence of your writers....what next you going to report that there is water in the ocean.
Instead of writing stupid articles MSN should do something about spam.. Life is so lonely.. Get some cats.
OK...I have to comment on this story.
If you are single and can rent something for less than 25% of your monthly income. That is good.
But if you have a family you are better off buying a house you CAN afford, buy a house that is no more than 4 times your household TAKE HOME annual pay.
In other words what the writer is trying to say renting a CHEAP apartment is better than buying a super expensive house. (The taxes, interest, extra utilities, maintenance and repairs can easily go above the typical affordable apartment.)
ALL the other items on the list have the same theme:
Get a 30/month cell phone plan...not the 120/month iphone cotract
Get a 20 thousand dollar car, take car of it and drive it 15years or more.
Nothing wrong with TV, it is ok to get cheap cable...but avoid 100/month tv service.
They forgot going out to eat, keep it to less than 4 times per month.
I feel dumberer (I did that on purpose) for having read this article.
No matter what things cost ya money. So us single moms arent allowed to watch tv. Geesh...dont 24/7 but it can be my down time when you cant afford to travel, vac, go out for the night.
I agreed w the beanie babies from the start.
I stopped smoking in April 2010 and have calculated that I am saving approximately $2,400.00 dollars a year not to mention I am much healthier than when I was smoking that pack and a half a day. It's the little things that you seem to overlook that can make a difference in ones life.
So now I should feel Rich I don't have a TV, Nor a car, my House is payed for. And I don't gamble, I am a disabled , and aVeteren, my wife just passed away and I have $200 dollars to live on .Oh boy!!!
It is nice to see how we defend our right to be a consumer. Even when its killing us. We are a salesmens dream come true.
When we want what we want when we want it, nothing will stop us, no common sence will enter our mind, our willingness to change or disregard our consumer behaviours. The smart us goes out the window.
We are addicted to more. More is our war cry, I need it, I need it, I need it.
If I always do what I have always done, I will always get what I always got. If you like what you got, keep doing what your doing. If you don't like the way things are, there is only one person place or thing that will fix it, thats you
By doing that i saved tens of thousands in interest and I put that saved money towards my retirement. Because of my low housing costs and increased savings I retired at 62.
The key is to buy a house that you can afford and pay it off before you retire so you won't have to worry about a mortgage payment in retirement.
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