Now this is the kind of spending that get's a Cheap Cheetah Hair raised. My first thought was Why??? My second thought was you know what you could have done with all that money in this room? My third thought was I could open a store in that one room alone and make money. How much clothing and sneakers can one person wear?
I have a love hate for shows like these because after the fame and money is gone what do you have to show for it??
Have A Great Cheap Cheetah Day & Family Save That Money!
I wanted to share with you a wake up call test when it comes to money. It's called Spent put out by a charity. You answer questions and bases on your answers you see how you can survive the month on the job you have chosen for yourself.
It's basically showing you how people on low incomes try and survive with real life money situations. It's a good wake up call test for many of us who might be in that position one day.
I took the test and ended up with $388 at the end of the month and still had rent to pay!
Take the test and see how you do. This also helped me to realize that I need to give more to my charity. I feel that I am blessed to eat everyday. That's why monthly I give to a food bank charity here in New York.
Today On The Cheap Cheetah Money Show we are talking Money In the News. This is a story about a man and how he saved millions. I tell you how you can do the same thing. Join me and let's talk money today!
I'm starting to think more about what I can do build my own personal net worth.
Other than the basics, I'm wondering what habits, investments or methods you
guys have found most effective in build your own personal wealth?
Here is what I'm considering the basics:
1. Improving your income
2. Reducing debts
3. Reducing expenses (I am already a cheapskate/frugal person so this one is easy))
4. Saving consistently and prudently
5. Investing consistently and prudently
I think saving consistently is the key.Paying
attention to what percentage of net worth is made up of non-financial assets.
My experience (and I assume the experience of most others) is that financial
assets grow faster than non-financial assets, so while it's nice to have a
comfortable home and reliable cars, keeping the cost of those big-spend items
down helps our NW rise faster. When I refer to non-financial assets, I'm
talking about personal home & vehicle(s).
I watched this video and thought this is crazy spending and foolish. She made money but yet?? So my question to you is who's fault is it that's she's in the situation she's in now? Love these kinda money videos it's teaches you what not to do with your money!!
Hello Family how's your money this week? Well this past weekend I went to Columbus Flea market in new Jersey. It was fun but the only thing I spent my money on was cake, cookies and hot banana nut bread. I realize most people go to flea markets for the bargains but now a days there are no bargains. I found the items cheap and pricey at this market. How are the flea markets where you live? Have A Great Cheap Cheetah Day & Save That Money!
often remind people that being debt-free and puttingmoney into savings isn't the entire story when it comes to
financial freedom. If we're not careful we can obligate ourselves to all sorts
of recurring monthly payments that hurt our cash flow and give us no freedom to
adjust how we're spending our money.
~ allowance for the children
~ clothing allowance for the children
~ schoollunch no, she doesn't 'brown
bag it' because it isn't really an option where she attends school)
~ school tuition
~ lessons: music, dance, gymnastics, etc. In the case of music lessons, we also
had to "rent" an instrument for two years.
~ monthly dues / clubs (scouts, for instance, and we belong to a club that
means once a month we are going out to eat because that is how the club gets
~ subscription services: Netflix, software, contribution pledges / tithe
~ Expanded utilities: electricity, gas, telephone, cell phone - service and
phone purchase, internet, cable, satellite, garbage, sewer, water, etc.
~ Insurance and warranties: life, house, auto, cell phone warranty, home repair
warranty, pet insurance, etc
~ Recurring shipments: automatic renewal of prescriptions, vitamin or
toiletries on auto-ship, etc. These programs are getting so popular now!
~ Other: mortgage, rent, storage unit rent, furniture / appliances, on-line
game access, and tons more I'm sure I'm forgetting.
I noticed the last time I went to buy a software package like Microsoft office
, I couldn't just buy the software. They wanted me to subscribe to a monthly
service that included "free updates". The trend only continues. It
seems every time I turn around we are encouraged to not buy an item out-right
to to pay for it monthly. If we're not careful these recurring monthly
obligations, while not debt, become worse than debt because they can easily
out-strip our monthly net income.
Have you noticed a slow creep of recurring expenses against your monthly cash