Download Spend Your Way to Wealth by Michael J. Schiano PDF

By Michael J. Schiano

ISBN-10: 1581152728

ISBN-13: 9781581152722

ISBN-10: 1581153708

ISBN-13: 9781581153705

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Example text

Input your monthly expenses in each category. There are three broad categories of expenses. First, regular expenses such as the mortgage or rent payment, insurance, car payments, garbage, sewer, property taxes, and other regularly scheduled monthly expenses, are known as fixed expenses. Theses expenses are the same, month after month, throughout the entire year. Often, they remain the same year after year. Second, you will have variable expenses such as the telephone bill and other utility bills.

This can really be a hidden treasure trove of big savings. Most people can’t be bothered to spend a few extra minutes looking for ways to save money. After all, a friend might see them perusing the coupons on the bulletin board in front of the store and get the idea that they are cheap or need financial help. I say, become a “savings detective,” and we will see who needs financial help down the road. Many grocery stores in my area have installed little electronic coupon dispensers right in the aisles in front of the actual product they are trying to promote.

Do you use coupons? Yes? Great. You are among the 85 to 90 percent of American households that utilize coupons on a weekly basis. You have the incredible good sense to take free money when it is offered to you. You are an astute money manager and someone who cares very much about the future wealth of your family. No? What is wrong with you? You are throwing away tax-free money, hard, cold cash and your future wealth! You can have ten times the lifestyle you have now if you would choose to properly use coupons.

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