by Doris Dobkins
Staying on the Road to Financial Independence
Be Radical, Get Rich
Before You Buy, Think Different
I'm here to tell you that there are no easy formulas for success, wealth or the good life. When you look at it, it all comes down to choices you make. How much money you earn, where you earn it and how you spend it.
We have become so accustomed to allowing society to make choices for us that we become deceived into believing that we no longer have any choices left to make. This is so far from the truth. The discovery that we do have choices can be the dawning of a new day. We all have choices. Do we all realize the choices that we do have and the extent of our choices? Or do we make our decisions because that's what the Joneses are doing or that's the way my family did it or that's what the popular people are doing.
That extra car you own (even though it is paid off may be costing you an extra $4,000 a year with gas, insurance, registration, and maintenance. A pattern of buying everything new might be costing you a few hundred dollars extra a month that you really don't need to spend. What are your patterns of spending and how can choices you have made in the past be adjusted to assist you in meeting your future goals?
The important thing here is to really take a hard look at the choices you have made, and don't rule out the mundane nickel and quarter ones. Add up the costs of your choices and be ready for an eye opening experience. Take time to analyze and reassess them. Do you have an expensive hobby? How about turning it into an investment or business so it will bring you a profit?
Penny pinching and frugal living can become a habit for you. It all boils down to choices, the choices you make on what and where to spend your money.
Doris Dobkins is a money saving expert, author and speaker and has helped thousands of people find ways to save money and get out of debt.
Share your thoughts about this article with the editor: Click Here
More Tips & Tools to Help You
Live Better...For Less
- Is your family normal? See how other households spend their money
- 5 big bills you can cut fast
- 5 frugal ways to expand your living space
- What's on sale in November
- 4 steps to a simpler (and more frugal) life
- Kids' activities for Thanksgiving gatherings
- 5 ways to reduce the cost of kids' clothing
- What's the best way to bring a puppy into your family?
- 13 things to teach your children that will make their financial lives easier
- How a single mom can create multiple income streams
- Instead of toys for Christmas
- What is the cost of raising a child?
- Spouse income calculator
- Should my spouse work, too?
- College savings calculator
- Home budget calculator