The up and coming rich are thrifty and save in order to buy assets
which bring a return on their investment . . The middle class buy
liabilities such as a much larger home, a large expensive car, a large
flat screen TV in the range of $2000 plus thinking they are assets when
actually they are liabilities . The poor spend, spend, and spend on
crap and go into debt doing so . By doing so they become indentured
servants of the Banksters . They willingly go into debt and pay 12 %
to 18 % in interest .

In most cases what these people buy loses 30 % to 50 % of its value within 1 year .
In short a high percentage of purchases are liabilities not assets .

There are HUNDREDS of ways to save money …..remember , money makes money.

WAYS TO SAVE MONEY [ when you save money , you earn money with no effort ]
1. Cable Channels are a RIP OFF . The basic service charges about $ 60.00 a month and what you get is CRAP. They repeat the same shows over and over again and to add insult to injury , about 20 minutes out of every hour are commercials.
I gave up ComCast years ago and bought used Videos / DVD’s at Flea Markets and ads in the paper for about $ 3.00 each . I was able to pick the movies that  I really enjoyed. [ I now have over 150 movies ] [  no commercials ] You save about $ 800.00 a year. You can also borrow videos/ DVD’s from the Library . For $ 8.90 a month you can sign up for Netflix or Hulu , not the greatest movies but they have hundreds that you can watch instead of paying $ 70.00 to $ 100.00 + a month .
2. Wash your own car [ 20 minutes ] you save about $ 9.00 to $ 10.00 .
3. Gym membership about $ 65.00 to $ 70.00 a month [ $ 800.00 a year ] You can jog , bicycle , walk or swim at no cost .
4. Buy clothes off season , winter clothes in March and summer clothes in September
5. Supermarkets have sales every week and often Buy 1 / get 1 Free , I then purchase  2 , 3 or 4 of each and get 2 , 3, or 4 Free . Ads/ coupons are in the Sunday paper.
6. Dining out is very costly , cut it down to 1 or 2 times a month at best. You pay $ 17.00 to $ 20.00 + per meal when you can have the same meal at home for about $ 4.00
A beer costs about $ 3.50 to $ 4.00 whereas at home it costs about $ 1.25 A whiskey, 1 1/2 ounces and cola at home would cost less than $ 1.00 .Savings about $ 12.00 per person. [ no tip required ] 2 people eat out 6 times a month = $ 240.00 X 12 months = $ 2880.00 a year.
7. Buy Christmas cards , Christmas, Easter and Halloween candies the day after the holiday for half price . Christmas cards are for next year and candies are sweets that everyone loves [ half price ]
8. Bottled water …..the biggest Rip Off of all time. Most tap water is drinkable and virtually Free . At 15 cents to 25 cents a pint , maybe 5 – 6 pints a day for the next 60 years [ 20 yrs. old to 80 yrs. old ] , you figure out the total cost compared to tap water. If you feel it is necessary, you can purchase a filter that attaches to your  kitchen  faucet for little money . I am an old man , never wasted money on bottled water and I am extremely healthy .
9. Doing laundry – after washing I hang up my wet laundry for about 1 hour before putting in the dryer. This saves a tremendous amount of energy $ $ $ $
10. Heat / Air Conditioning When home set your A.C. at 75 to 78 degrees , if you go to work set it at 82 degrees . Heat , when you go to work , set it at 60 degrees . In the warm months instead of A.C. you can open windows , turn on ceiling fans, pull curtains or shades to keep the sun out which heats up a room.
11. Lighting in home ….I have friends who have lights on in 3 or 4 rooms after dark. It is so easy to turn off the lights when you leave the room [ $ $ $ $ ] It is like taking money out of your pocket and throwing it out of the window .
12. Why buy a New car when a low mileage used car is every bit as good and you can save at least 40 % to 50 % of the cost. I have NEVER bought a new car in my long life. The last car I bought was a 2008 Lincoln Town car in early 2009. It had 13,900 miles on it and it cost me $ 22,900.00 . Had I bought it 1 year earlier, it would have cost $ 44,000.00 .
Without working , I earned $ 20,000.00. I remember in the 2002 – 2007 there were many Hummers on the road . Considering they cost well over $ 50,000.00 , I wondered how many people bought one on credit, I suspected a high number of people . Well I was proven right when the price of gas more than doubled in 2008. All of a sudden the numerous Hummers disappeared, the FOOLS could not afford to fill their fuel tanks.
13. The same can be true when you want to buy a 10 speed bike , exercise equipment or even furniture . As long as it is in A – 1 condition you can save a lot of money . I bought a 10 speed bike for my home in Newport, R.I. and again for my home in Palm Beach . In Both
cases they cost me about $ 75.00 to $ 90.00 for a $ 250.00 bike. Used furniture especially for young people starting out in life [ and others ] , it is a steal compared to new .
Think about it, wealthy people buy ” antique [ used ] furniture ” at high prices, therefore I say
there is nothing to be ashamed about buying used furniture in excellent condition. [ for half price or less ] Yard sales, ads in newspapers and Flea Markets are excellent sources
. 14. Before the 1960’s few people had Credit Cards but since then the Banksters have promoted them even to those who are poor credit risks . They make it up by charging people 18 % to
30 % interest on their debt , similar to what the Mafia did in the 1930’s. I remember a Visa commercial on T.V. back in 2007 showing a man and his wife it said , ” I want it , I want it, I want it NOW” Before Credit Cards people only bought the latest toys when they had the CASH.
If you have Credit card debt of $ 1200.00 and pay minimum $ 43.00 a month for 7 years , the
cost of that item will be $ 1996.00 . [ a $ 796.00 gift to the Bank ] Remember , consumption breeds poverty.
15. When I traveled , I would always look for a lower priced hotel or Motel rather than a luxury hotel . Who cares especially when you consider you only sleep there.
16. Many people buy large homes , large cars , large $ 2000.00 flat screen T.V.’s , designer clothes in order to impress their family , friends and neighbors …..all on DEBT . Back in 2004 to 2007 when housing prices were rapidly rising , the dumbest of the dumb pulled equity
out of their homes in order to have extra spending money, obviously going deeper into debt.
I prefer to have the extra money in secure investments which pay dividends. I could care less what people think. I can only smile when I look at my bank statements and assets .
17. Avoid Lottery tickets and Casino’s ….That is a game for the mentally challenged . You are 305 times more likely to be struck by lightening than you are to win the Lotto.
Chances of winning the Powerball Lottery is 1 in 175,223,510 . Heads they win , tails you lose.
18. A commitment to succeed in life and be financially well off requires a small sacrifice, either that or extreme Poverty the last 20 years of your life when you should enjoy life . A lifetime of about 80 years equals 29,200 days. If you can save $ 10.00 a day , $ 70.00 a week X 52 weeks
a year = $ 3640.00 times 45 work years = $ 163,000.00 . When you consider compound interest in conservative investments, that savings is worth well over $ 1,000,000.00 by the time you retire
When I went into business in 1970 , I put $ 2000.00 a year into my I.R.A. retirement account . $ 2000.00 was the max allowed , now it is over $ 5000.00 a year. From 1970 to 1997, [ 27 years ]
[ $ 54,000.00 ] and it became worth over $ 400,000.00 . Aside from that I invested in stocks and rental properties [ i was able to because I SAVED money ]
19. There are numerous people who cry poverty [ it ain’t fair ] the reason being they never put in the effort to get an education , learn a trade , speak proper English [ not Ebonics ] , put in the extra effort and work hard in order to succeed . I as the owner of several restaurants
[ that were bankrupt when I bought them ] worked 12 hours a day, 6 days a week [ 70 + hours ] for 30 years out of the 34 years that I owned them. If I as the owner would be willing to put   that many hours in ,  why can’t the ” poor ” work another 4 hours a day in a part time job
[ 60 hours a week ] in order to increase their pay by 50 % ? I did it for 30 years .
20. Final note ….. there are many movie actors , Rock stars , and Sport figures who earned millions of dollars a year and when suddenly their career ends , they spent , spent , spent and went into debt in order to live the ” Good Life.” Many are now impoverished and on Welfare.
God must love Stupid people because he made so many .
21. Newspapers / magazines … My neighbor gave me her newspaper the next day and I gave her a magazine that I subscribed to every week . We both saved money and were happy.
22. By the age of 35 , your total assets should equal your annual gross income, by age 45 your assets should total at least 3 times your annual income , by 55 your total assets should equal 6 to 7 times your annual gross income and by 65 it should equal 10 to 12 times your income.
23. The value of Compound Interest ….Interest you receive on your investment earns interest. If you average 6 % interest , divide that into 72 and it shows you that in 12 years you double your
money. At 7 % interest divided into 72 , it will take 10 years and 3 months to double your money.
Yes without any effort , money makes money even when you are sleeping .
Compound Interest …..If you invest $ 100.00 a week for 45 years [ 20 yrs. old – 65 Yrs. ]
$ 5200.00 a year figuring a conservative 6 %, at 65 years old you would be worth $ 1,212,597.00
24. When you add up all the savings above, it is easy to become financially secure .
Wealth or poverty ……….your choice A FOOL AND HIS MONEY ARE SOON PARTED