Simple steps. Saving and putting aside small amounts to create your wealth.
Enjoy.
Our Frugal Lifestyle
- Frugal Down Under
- Passionate about eco-frugality. I used to party hard, clubbing my way from pay-packet to pay-packet. Never getting ahead, just getting by. Then came our much wanted baby with no savings in the bank - only an old car. Changes were made to our lifestyle and we didn't turn back. In the past 6yrs we purchased a flat, found employment, lived below our means, built an emergency fund, purchased a reliable car and saw the financial benefits of our frugal lifestyle. Our only debt is our mortgage. Our aim is to manage our cash flow wisely, pay off our home quickly and eventually work for pleasure, not necessity. Join us on our journey, share insights, tips and tricks to help us and others to get ahead while having a good time.
£50 a month is totally acheivable for most people. It's amazing how much compound interest can achieve.
ReplyDeleteYou don't need to buy her books since the same information is all over the internet. But, you can have enough, too.
ReplyDeletethanks for posting this. I really enjoyed it. I will look this out in the library to read.
ReplyDeleteBryallen, We put aside 1$ a day each for our daughter. We don't miss it and once she is older and earns money from a job we will get her to add 1$ a day to the mix. Doing this from birth will allow her to have a nice sum to pay for uni or a deposit on a home.
ReplyDeletePractical, Most of the books I read about wealth creation talk about everyone having different needs and wants and that enough to live by plus an extra few dollars to save for a rainy day can be all the wealth you want. I'm aiming for early retirement but spent everything until I was 37yrs old. Then Dolly came along and so did my different mind set. Now it's save hard and try to get my dollar working hard too. At the moment it sits in pathetic bank accounts doing very little.
Sol, Libraries are a great source of books to build knowledge for free. Keep your eye out for Free seminars too. Just take everything with a grain of salt and don't get conned by scammers.