Roksana
Full Member
Cash: $ 10.30
Posts: 59
Joined: 26 Oct 2010
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| Want to Save Some Money? |
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In this week's Sunday edition of The Wall Street Journal, Brett Arends wrote a short article about saving $5,000, fast. Before we begin saving any money, though, we have to make a choice. Making a choice means taking responsibility.
There are three uses of money: we give it, save it, and spend it (the average American was brought into this world already knowing how to do the latter). In order to give or save any money, we must create a margin in our lives. Creating a margin requires that we live on less money than we make; this is the choice we make. Novel idea, I know, but when 70% of the country lives paycheck-to-paycheck, we have to lay this foundation first.
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Sat Dec 11, 2010 5:33 am |
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iwillguide
Senior Member
Cash: $ 41.20
Posts: 205
Joined: 09 Jun 2009
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| saving money |
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Saving money is not good idea,but in this society it became must because of fear about future.For this reason people became rich and saving more then they required for future.They creating poverty in people.we should fight or develop for a system where money should be distributed equally and no one should save it.you may say then why people will work? if money is given free.we have all scientific technology to do every work automatically.i think it is possible to some extent to create better society.
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Sat Dec 11, 2010 9:24 am |
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oldguy
Senior Member
Cash: $ 751.85
Posts: 3656
Joined: 21 May 2006
Location: arizona
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quote:
we should fight or develop for a system where money should be distributed equally and no one should save it
The USSR already ran that social experiment abut 25 years ago, it didn't work out for them, LOL.
Read Dr Friedman's book "Free to Choose' and Dr Hayek's book 'Serfdom', you'll see why.
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Sat Dec 11, 2010 3:57 pm |
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