Simple Practices that Lead to Wealth
People are responding to this recession by putting their finances in order. And, they are breaking away from the bad habits that helped get us all into this mess.
You can’t be involved in personal finance without someone bringing up the subject of budgeting. Many people are passionate about budgeting and they want to discuss every virtue and detail.
I read a statistic today that blew my mind: 21 percent of those with salaries of $100,000 or more are living paycheck to paycheck.
Everyone seems to have an excuse these days for not saving any money and most are based on this argument of “I can’t afford to save”.
Being Frugal Back in the late ’80s, I worked really hard, but I didn’t earn very much. I was supporting a family of three on $21K per year, in very expensive San Clemente, California. We had one old beater car and we didn’t get out much. Since I grew up in tough middle class conditions …