Money Skill 2 : Control
The truly wealthy people control every cent. Fortunate people practice a few extra steps before deciding to spend money. These include:
- Shop for the best value
- Demand a discount
- Audit reciepts and invoices to verify correctness
- Use legitimate tax benefits when possible
- Balance their checkbooks regularly
- Immediately file reciepts of purchases to be able to refer to them later
Making these additional steps a habit and using them before each expenditure will bring us one step closer to being prosperous. We will actually be modeling the wealthy and leveraging the prior experience of the opulent to our benefit.
Filed under: Money Books, Money Skills —
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