Want to Be Wealthy? Tightwad Living is the Answer

The rich say it. The government says it, andbuying your wants, and never buying anything
financial experts across the world say it. There isthat you can't afford to pay for in cash. Tightwad
only one way to get rich and that's tightwad living.living means never living in debt. If the average
Maybe you are ok living the live you have. Moneyperson has more than $10,000 in credit card debt,
has never driven you and having the newestthat means that many people are paying more
luxury car is about as much of a priority to youthan $100 per month in interest alone. What would
as traveling the world on your private jet. I betyou do with an extra $1,200 per year?
that you do have financial goals. You want to payHere are a few ideas to get you started living like
off your debt, provide your family with aa tightwad:
comfortable life, and have money to, at the veryUse coupons
least, help your son or daughter with college.Don't eat out
Although you may have no dreams of being richBuy generics
and live a lavish life, rich to you could meanFreeze your credit cards...literally.
getting the bills paid.Don't buy new cars
If your financial goals aren't being realized, thereDon't buy luxury cars
can only be three explanations: Either you're notBuy a home that fits in to your income
making enough, your spending too much, or aBrew your own coffee
combination of both. While we all think we'reOnly pay for basic cable
underpaid, that is often not something that isSign up for the minimum cell phone plan
quickly fixed so let's look at the most commonRun outside and lift sandbags instead of a gym
reason.membership
Let's be honest. Nearly all of us spend too muchMake extra money doing something that you
money and a lot of that money is on "stuff."enjoy
Stuff that we want more than we need. StuffHave a relative or friend babysit your kids
that was marketed well and we decided that weBarter- in exchange for babysitting your children,
had to have it. Stuff that we put on our creditdo something for the babysitter
cards and are now paying for each month.Make your own list and add up the potential
The first rule of being rich (whatever yoursavings. Put that towards your debts and before
definition being) is tightwad living. Tightwad livingyou know it, you will be debt free.
means using coupons to buy your needs, rarely