Now make a list of "wants" and decide which of these you can truly do without and which of these will actually make your life better. Plan for those that will improve your life and start saving for them so you can pay cash! Dump the rest.

The rule here is simple: Do not buy something you do not need today that will steal money from the things you need to buy in the future. It's all about having the money available when you need it. Money you spend on today's "want" may be money you must have for tomorrow's "need."

3. Who is your financial guru?

We all know someone in our family that has their financial act together. They have all their needs covered and they seem to have all the material things we would like to have but cannot afford. Have you wondered how they pull it off? Well, ask them and listen to their advice!

If you are too embarrassed to ask them, seek out a person who can serve as a guide for you and adopt a financial lifestyle that they recommend. This can be a financial counselor from your local bank or credit union or a non-profit organization in your community.

These 3 steps just scratch the surface. Get help and self control will become second nature before you know it.

Page 2 of 2 :: First | Last :: Prev | 1 2 | Next