Today’s pick goes to Jeff at Deliver Away Debt. He’s got a great story behind his blog and an interesting, nose to the grind solution to his debt problem.
Last week he posted about nickel and diming. Now I know some people feel it’s better to enable yourself to make these kinds of purchases, by making more money or whatever but I feel that both sides of the coin are important. Ya, making more money to afford these kind of things is a great idea but what if you made more money and stopped throwing it away on little, unnecessary things? Then you could put that much more towards retirement or paying off debt.
The title of his article is, Don’t get nickel and dimed. Those little costs add up a lot faster than you could ever imagine. Like he said in the article, “Just like the latte, they are many other things that we do every day that destroy our wealth building potential.”
Those little things really do crush our potential. It’s like the old saying, one step forward and two steps back. Each penny you blow on those little, reoccurring purchases, puts you farther and farther away from financial freedom.
- Wealth Artisan discusses how finances can effect relationships
- Great ways to make more money at home from More Style Than Cash
- Things you should buy used at The Saved Quarter
- Why earning money is more important than frugality at Out Of Your Rut
- 3 Reasons Why Cockroaches Would Make Excellent Entrepreneurs at Planting Dollars
- A Mother’s Day Roundup at Consumer Boomer
- The Power of Childlike Persistence at Money Highway (Guest Post)
- Another Mother’s Day Roundup at Free From Broke
- Brad’s roundup at Enemy of Debt
- The Chicago Tribune
- The Baltimore Sun
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