There are many things you should always buy used if you want to save your money. Sure we all love the excitement of going to a store and buying something brand new. It’s nice to tear off the packaging, read through the instruction manual and know that we are the first to use it. In some cases even the smell can be a bit of a rush or listening to the bindings crinkle into place for the first time has a certain allure. Is paying 3 or 4 times as much really worth it?
Here is a list of 4 things you should buy used to save thousands of dollars in your lifetime:
Read the rest of this entry
Please read the disclaimer before you continue.
What if I told you that one-cup of coffee a day could cost you your financial independence? Would you believe me? In the first part of this series we looked at the process called the rat race, and what it means to be broke. In his book: “The Automatic Millionaire”, David Bach talks about what he calls the “Latte Factor”. We will now look at what the latte factor is, what it means to you, and how you can benefit from the information.
Read the rest of this entry
Please read the disclaimer before you continue.
Do you know how much it costs to wait to invest? What if I told you that a couple of years could cost you more than a million dollars over time. Would you care? Would you do something about it,? or would you just read this and carry on the same way? Many people think they can play catch-up, but it is much harder and much more expensive to do so.
Are you like most people? Do you wave your arms forward and say something like: “Ah, no problem, I will start investing when I get my student debt paid off?”. Then its: “I will start investing when I am done saving for a house”. Then, “I will start investing when my kids move out”. Then, “I will start investing when my house is paid off”. Then, your life is over. Sound grim? This was most of the excuses I heard while working in the field. I realized that most people always had an excuse not to invest no matter where they were in their lives. I think people would be more likely to invest sooner if they knew what the price was to wait.
Read the rest of this entry
