Showing posts with label Money Stories. Show all posts
Showing posts with label Money Stories. Show all posts

Thursday, November 7, 2013

Do these 20 things and you'll always be poor - Do you Agree?

http://sg.finance.yahoo.com/news/20-things-youll-always-poor-094834366.html

Which of these 20 things are you guilty of...and perhaps most importantly, which of these will truly keep you poor?

After reading this article, I see a few things that I am guilty of.

I, like a lot of us, have children. While childrearing can be expensive, if done right, can be one of the biggest yielding investments ever. I am frequently heard saying that my lovelies are my retirement plan-therefore I am fully vested in their success. I am hear 24/7 to guide them and lead them.

I do agree that making late payments are a money drainer. While there are times when it simply cannot be helped, the $50.00 fee for paying late rent, or the $5.00 fee for being late on the water bill, means that this is $50.00 that is NOT available for stuff like food, gas, savings or just plain fun. Will the occasional late pay keep you in the poorhouse? Naw...but making it a habit can be financially detrimental.

YOUR TURN:

Which of these 20 things are you guilty of...and perhaps most importantly, which of these will truly keep you poor?

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