Living Far Below     The only way for you to provide for your later years is to live below your means.  If you want to have any hope of achieving financial independence you must live far, far below your means.  This is not a difficult concept to understand.  Although it is very simple, few […]

Stress Level     Living above your means creates high stress levels.  High stress levels affect your health, your spiritual life, your emotional health, your marriage and your financial life.    Living within your means lessens this stress.    Living below your means decreases the normal stress of life much more.  Living far below your […]

Impulse Buying is Predominant     In our culture, impulse buying is predominant.  In years predating the present easy credit, you would walk into a department store, see an item you would like to purchase, and put a small cash down payment toward it and then pay it off monthly until the item was paid […]

Using Non-Monetary Resources     You can save by using non-monetary resources!  Learn to use other resources besides money.  It is very easy to rely entirely on financial resources for all the goods one wants and needs.  But this kind of thinking and living places a very heavy burden on the individual and family income […]

Start a Retirement Fund Now!     Start a retirement fund.  If you work for a corporation that has one, use the 401(k) plan.  If employed by a firm with no pension plan, open an Individual Retirement Account.  As a rule, both the contributions to these plans and the earnings are untaxed until you withdraw […]