Creating Funds for Special Purchases
Posted on August 2, 2008
Filed Under Money | Leave a Comment
Do you want something new that you can’t afford? Don’t be tempted to use credit or apply for a loan to get it. Instead, save up for it. Just like when you were a kid, start a piggy bank and begin saving your money.
Put money from overtime in the jar as well as from savings and extra little windfalls and before you know it, you’ll have reached your goal. Buying a bigger ticket item with cash can give you a real sense of accomplishment without the following worries:
-No payments ever in the future. You own it; it’s yours.
-No harassing creditor calls in your future.
-No worries about repossession or poor credit reports.
Buying with cash is something not enough people are doing today. Changing your spending habits can reduce your stress, increase your sense of accomplishment and make you financially wealthy.
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