SECOND, you must establish a budget. This is your very own budget but a budget nonetheless. The budget will include the cost of your essential needs and then include those things you desire within your budget, ie. 90% of your income. Obviously, you will not be able to satisfy ALL of your desires. However, an important desire is being realized each day, the accumulation of wealth.
ACTION RECOMMENDED, start with a budget worksheet. I found a basic "free" one at http://www.financialplan.about.com/. Print out 2 copies and fill in one copy. Then, take the second copy and fill it out with just your necessary expenses and then add those other expenses one at a time until you are at 90% of your income. The remaining items (which are desires) did not make the budget and must be eliminated for now. Focus your desire on and obtain satisfaction from growing your wealth.
Let us know how you are doing. Leave your comments here or contact us at http://www.ythlaw.com/
ACTION RECOMMENDED, start with a budget worksheet. I found a basic "free" one at http://www.financialplan.about.com/. Print out 2 copies and fill in one copy. Then, take the second copy and fill it out with just your necessary expenses and then add those other expenses one at a time until you are at 90% of your income. The remaining items (which are desires) did not make the budget and must be eliminated for now. Focus your desire on and obtain satisfaction from growing your wealth.
Let us know how you are doing. Leave your comments here or contact us at http://www.ythlaw.com/
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