Thursday, July 29, 2021
HomeLifestyleYou Want to Be a Millionaire? Then Stop Spending and Save Your...

You Want to Be a Millionaire? Then Stop Spending and Save Your Money: Things you should do If you want to be a Millionaire.

“Before you invest in something, invest the time to understand it”

Lately, I have made a halt on paying for some items from my livelihood and there are lots of reasons for this: the most primary being for financial purposes and financial stability.

You won’t even know that you are spending tons of money on these items. And sometimes these items don’t add much value to our life but they end up building extra unnecessary stress in our lives.

A person can really cut back on these expenses and free up cash that can be used on buying something pretty for yourself or a nice vacation. One can also start making something up for retirement with the money that is being saved.

I just think that it’s always good to have extra money left over at the end of the day as it will always help you in the long run. It’s always been my goal and I am sure that most of the people reading this have the same shared goal.

start saving money-illusionst.com

When it comes to sales when you’re buying items, you want to be very careful about this. Because I have found that a lot of my friends for example, will end up spending $1000 on a shopping trip and they’ll say that, “it actually is worth $1500 and they saved $500 because of the sale and it was 30% off.

But then my thought processes more so you didn’t save $500, you spent $1000. And you have that much amount less in your bank today than you had yesterday and is the absolute truth.

That’s really how I view it and you want to think about this going forward. That’s just because somethings on sale doesn’t necessarily mean that you are going to save money on this item.

Do not get affected by Sales

I try my best to not be affected by sales. When I am in need of something I’ll just go out and buy that thing. I never try to get much affected by sales and discounts.

So, there are obviously times where sales can make sense. Where it’s coming up on winter and their summer items that are on sale or vice versa. If its winter and you want to buy summer items that could just make more sense and you could save more money.

But we’re talking about the 70 % off carpet blowout sale or the mattress blowout sale. These are the ones that happen all the time and the same go for cars as well.

It’s really kind of my idea that you’re going to pay the market price for most items. So I just don’t bother trying to get as many sales as some other people might do. And this actually goes for couponing as well. 

coupons-illusionst.com

Do not use Coupons

I’ve seen people use coupons and they end up spending twice or thrice as much money as somebody who doesn’t use coupons because they’re buying items that are of no need but they think it is essential to buy three or four to get one free. And they end up spending more money, which is stupid.

So just keep that in mind as you go forward with buying items in the future in the psychology of purchasing things and how that really affects you.

save-money-illusionst.com

Understand where you are spending

And that’s kind of my philosophy. The biggest tip that I could have here for anybody thinking about their investments and their financial future, is to just make sure that you understand what you’re actually putting your money into.

 If you have a financial advisor and they’re putting money into investments or mutual funds or for one case, retirement accounts or whatever it is, make sure that you understand those. Just take an hour, take a day and sit down and say, “What am I putting my money into if it’s in a bank account?”

What kind of protection do I have with that? If I’m putting it into mutual funds, what’s in that mutual fund? How does that mutual fund actually work? Make sure that you understand that because this is when people really get in trouble.

That could be a massive bubble and nobody sees it coming because they just blindly invest money. So make sure that you do your due diligence on that and you’re going to feel so much better when you actually know where your money’s going.

Most of these are for financial reasons or just to cut back on things that I’m buying or paying for in my life, frees up a lot of cash and it makes me happier.

- Advertisment -
RELATED ARTICLES

47 COMMENTS

  1. Hassan Ali Irshad

    Save money and save health too!!

    A one pager good idea you’ve written

  2. Togel Hongkong Hari Ini

    each time i used to read smaller articles that as well clear their motive, and that is also happening with
    this article which I am reading at this place.

  3. Hi to every , because I am actually keen of reading this blog’s post to be
    updated regularly. It includes fastidious material.

  4. What’s up, all the time i used to check website posts here early
    in the morning, since i enjoy to find out more and more.

  5. Heya i am for the first time here. I found this board and I in finding
    It really useful; it helped me out a lot. I hope to give something again and help others such as you helped me.

  6. Very nice post. I just stumbled upon your blog and wished to
    say that I’ve truly enjoyed browsing your blog posts.
    After all I’ll be subscribing to your feed and I hope you write again very soon!

  7. Hello! I know this is kinda off topic however
    I’d figured I’d ask. Would you be interested in exchanging links or maybe guest writing a
    blog post or vice-versa? My site addresses a lot of the
    same topics as yours and I think we could greatly benefit from each other.

    If you happen to be interested feel free to shoot me an email.
    I look forward to hearing from you! Awesome blog by the way!

  8. oswiecim fotograf

    This post presents clear idea for the new people of blogging,
    that truly how to do running a blog.

  9. Heyy veryy nice blog!

  10. It’s actually a nice and useful piece of info.
    I’m happy that you shared this helpful info with us.
    Please stay us informed like this. Thank you for sharing.

  11. Way cool! Some extremely valid points! I appreciate you writing this post plus the rest of
    the website is really good.

  12. constantly i used to read smaller articles which also clear their motive, and that is also happening with this
    piece of writing which I am reading now.

  13. I blog often and I really thank you for your content.
    The article has really peaked my interest. I’m going to bookmark
    your website and keep checking for new information about once
    per week. I subscribed to your Feed as well.

  14. Hi I am so thrilled I found your blog, I really found you by accident, while I was browsing on Digg for something else, Anyhow I am here
    now and would just like to say thanks for a remarkable post and a all round exciting blog (I also love the theme/design),

    I don’t have time to go through it all at the moment but I have book-marked it and also added in your RSS feeds, so when I have time I will be back to read more, Please do keep up the excellent work.

  15. Do you have a spam problem on this site; I also am a blogger, and
    I was curious about your situation; many
    of us have created some nice procedures and we are looking to swap methods with other folks, why
    not shoot me an e-mail if interested.

  16. I will immediately snatch your rss feed as I can not to find your e-mail subscription hyperlink or newsletter service.
    Do you have any? Kindly permit me recognize in order that I could subscribe.
    Thanks.

  17. For latest information you have to visit internet
    and on web I found this web site as a finest web page for most recent updates.

  18. Just wish to say your article is as amazing. The clarity in your
    post is just cool and i can assume you’re an expert on this subject.
    Fine with your permission allow me to grab your RSS feed to keep up to date with forthcoming
    post. Thanks a million and please keep up the rewarding work.

  19. you’re truly a excellent webmaster. The site loading velocity is
    incredible. It sort of feels that you’re doing any distinctive trick.
    Furthermore, The contents are masterwork. you have performed
    a great job on this topic!

  20. Having read this I thought it was extremely informative.
    I appreciate you taking the time and energy to put this informative
    article together. I once again find myself spending a significant amount of time both reading and leaving comments.

    But so what, it was still worth it!

  21. I have read so many articles or reviews concerning the blogger lovers but this post is genuinely
    a pleasant post, keep it up.

  22. Yes! Finally found something exciting!

  23. I got this site from my buddy who shared with me concerning this website and at the moment this time I am visiting this website and reading very informative posts at this time.

  24. Hi there friends, good article and good arguments commented at this place,
    I am actually enjoying by these.

  25. Hey I know this is off topic but I was wondering if you knew
    of any widgets I could add to my blog that automatically tweet my newest twitter updates.
    I’ve been looking for a plug-in like this for quite some time and
    was hoping maybe you would have some experience with something like this.
    Please let me know if you run into anything. I truly enjoy reading your blog and I look
    forward to your new updates.

  26. Görselleri web sitesine yüklerseniz, gömülmüş konum verileri (EXIF GPS) içeren görseller
    yüklemekten kaçınmalısınız. Web sitesi ziyaretçileri, web sitesindeki görsellerden herhangi bir konum bilgisini indirip çıkarabilir.

    clan symbol

  27. Great article! We will be linking to this great content on our site.
    Keep up the good writing.

  28. Heya! I realize this is somewhat off-topic however I needed to ask.
    Does running a well-established website like
    yours take a massive amount work? I’m brand new to blogging however I do write in my journal every day.
    I’d like to start a blog so I can easily share my personal experience and views online.
    Please let me know if you have any ideas or tips for brand new aspiring blog
    owners. Appreciate it!

  29. KoSimge ile Knight Online oyununda clan symbol ve clan simgelerini bedava
    indirebilir ve kullanabilirsiniz. Biz sizin için bedava ücretsiz kosembol simgelerini
    indirmeniz ve ücretsiz kullanmanız için buradayız…

    kosimge

  30. You can certainly see your skills within the work you write.
    The arena hopes for even more passionate writers like you who aren’t afraid to mention how
    they believe. Always follow your heart.

  31. Thanks for ones marvelous posting! I genuinely enjoyed reading it,
    you will be a great author.I will be sure to bookmark your blog and will eventually
    come back later in life. I want to encourage continue your great job, have a nice evening!

  32. Nice post. I learn something new and challenging on websites I
    stumbleupon every day. It’s always exciting to read through content from
    other writers and use a little something from other
    web sites.

  33. Hey there! Would you mind if I share your blog with my facebook group?

    There’s a lot of folks that I think would really appreciate your content.
    Please let me know. Many thanks

  34. I could not resist commenting. Well written!

  35. Awesome things here. I’m very happy to look your article. Thank you a lot and I’m having
    a look forward to contact you. Will you kindly drop me a e-mail?

  36. Why people still make use of to read news papers when in this technological world everything is available on web?

  37. Hi, after reading this awesome paragraph i am
    also delighted to share my knowledge here with friends.

  38. I’m extremely impressed with your writing skills and also with
    the layout on your weblog. Is this a paid theme or did you modify
    it yourself? Either way keep up the excellent quality writing, it’s rare to see a nice blog like this one today.

    • Hey Charlie, Thank you so much. It’s a paid theme.

  39. Remarkable! Its in fact remarkable article, I have got much clear idea regarding from this paragraph.

  40. Hello it’s me, I am also visiting this web page regularly,
    this website is truly good and the visitors are actually sharing fastidious thoughts.

Comments are closed.

- Advertisment -

Most Popular

- Advertisment -