by Ruby J. Wallace
How to Waste Money
Before You Buy, Think Different
Mind Over Money
It is amazing how we fail to recognize some warning signs in regards to our thinking and spending habits when we get into financial trouble:
- Your minimum monthly payments for your credit cards combined is more than your rent.
- You look to casinos as your retirement plan.
- Your library fines are more than the original cost of the book you borrowed.
- You pay your Visa with your Discover card.
- You have all the latest technology equipment, but no electricity.
- You buy a $30k car but then have to worry about gas.
- You have refinanced 3 times and still owe 30 years on your house.
- You get upset when you are assessed a late fee after you fail to pay your bill on time.
- You pay more in finance charges than you give to God's work.
- You buy more food before you eat all the food you bought two weeks earlier.
- During peak electrical usage times in your community, the electric company calls you personally and asks if you could cut back some.
Excerpt from Being Smart About Credit and Debt. A common sense approach of understanding credit and debt that will increase your net worth. A detailed look into the power of saving that will create a payday for you everyday. © Ruby J. Wallace.
Trending on TDS
- Financial spring cleaning
- Reviving your financial New Year's resolutions
- Are you guilty of financial infidelity?
- Maximize your tax refund
- 7 foolish mistakes people make when they come into money
- Could your mind be dictating what you spend?
- Will baby boomers have enough to retire?
- Should you use a financial planner for retirement?
- Every penny counts when paying down debt
- Cash management for an elderly parent
- 8 ways to make the most of your tax refund
- 9 ways to save on long-term care insurance
- 5 poor ways to save (and how to do better)
- Avoid these 10 common tax-filing mistakes
- 9 financial planning rules for women
- 8 things to put on your financial bucket list
- 5 big bills you can cut fast
- Money-saving secrets of the rich and frugal