Thursday, January 29, 2009

The Problem With Dollars and No Sense

People are scared during our economic crisis. They wonder if they will have a job tomorrow, if their 401 K plan will cease to exist, if they can send their children to college, and put food on the table. Here are some financial mistakes to avoid and suggestions how to save money in a no nonsense way. Think of this as a life long mind set of money.
~ Do not fail to give to others even when your wallet is tight. Give and you will receive.
~Do not be controlled with greed by gouging others through raising your prices to high.
~ Don't cosign loans for others.
~Don't receive bribes.
~Do not forget the poor.
~Save money by cutting corners.
~Don't borrow money.
~ Avoid the get rich quick schemes.

Here are some no nonsense ways to save money:
~Pay cash for everything. Most people spend 18% more when using a credit card.
~Toss out your catalogs and stop impulsive buying. No peeking on the internet either.
~Go to a bank that gives free checking.
~Clean it yourself...house, cars, clothing ect.
~Bank any raise or bonus you earn.
~Never pay full price. Shop ahead when there's a good sale. Only buy what you use.
~Look for buy one get one free.
~Clip coupons.
~Use the library.
~Have a garage sale and get rid of what you don't need.

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