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Money Habit #15 – Be Mindful, Not Mindless, About Your Spending

By Carol Akright on April 17, 2009 in Dream Funding, Expenses and Spending, Money Management

Wealthy people, for the most part, are not impulse buyers.  They don’t cruise shopping malls browsing to buy here and there.  They don’t go into a book store to buy one book and come out with four.  They aren’t watching TV shopping networks and ordering stuff they don’t need with money they don’t have (i.e.  [...]

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Money Habit #14 – Create A Special Impound Account for Big Expenses

By Carol Akright on April 13, 2009 in Expenses and Spending, Money Habits, Money Management, Saving

Wealthy people don’t have financial surprises.  They plan ahead for big cash outlays.  Whether it is for a house remodel, a daughter’s wedding next year, a big vacation soon, or just paying your taxes in April, you need to set up a special “Impound Account” to cover big expenses before they are due.  Think of [...]

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