lefty louie
Banned
- Joined
- Dec 5, 2017
- Messages
- 2,435
- Reaction score
- 357
- Gender
- Male
- Political Leaning
- Libertarian - Right
Part of being poor is lack of hard work, another part is being ignorant, not knowing how to spend money, not knowing how to save money and not knowing how to invest it.
I was taught early on how to save money by my parents, I learned out of necessity how to shop off season for bargains, but it took someone to teach me about investing and using my money to work for me.
We all know hard working people that just buy everything via a credit card and pay the high interest rates, that is so counter productive, the rule for the most part is, if you can't pay it in full each month then do without.
Buying a bathing suit in June is just wrong too, you should buy one in Sept for less then 1/2 price.
Investing, well I'm not going to give any tutorials on the stack market, but I can share some info on buying homes and real estate in general, also buying investment properties and how to leverage your equity to buy additional units.
So all this said, how much of being and remaining poor is just that no one took the time to teach you the little tricks?
I was taught early on how to save money by my parents, I learned out of necessity how to shop off season for bargains, but it took someone to teach me about investing and using my money to work for me.
We all know hard working people that just buy everything via a credit card and pay the high interest rates, that is so counter productive, the rule for the most part is, if you can't pay it in full each month then do without.
Buying a bathing suit in June is just wrong too, you should buy one in Sept for less then 1/2 price.
Investing, well I'm not going to give any tutorials on the stack market, but I can share some info on buying homes and real estate in general, also buying investment properties and how to leverage your equity to buy additional units.
So all this said, how much of being and remaining poor is just that no one took the time to teach you the little tricks?