Friday, July 06, 2007

Free Up 2,000 A Month - Easily

Every Saturday night, I put on my bi-focal glasses and flip through grocery circulars during TV commercials. I find out which store has the best sales and match them with coupons if available. I stock pile meats and house goods on sale in our pantry or freezer. I spend $50 on stuff that used to cost me $200 a week. If shop weekly, I can free up $600 per month.

Every night after work, I ask myself, "Do you want to make $40 tonight in 1 hour?" If so, I cook dinner and pack lunch for my family. The groceries cost about $4. Going out to a decent dinner and lunch for two would cost more than $40. If cook 5 nights a week, I can free up $720 per month.

Once I read, "Don't be afraid to buy used clothes. Look at your closet, they are all used now." So, shopping at Goodwill becomes our family's weekend favorite. We found out that stores donate new clothes there, and many people give away top of the line clothing. We spend $15 for a wool coat with tag priced at $150. Following the principle weekly, I can free up $540 per month.

When we go to eat at restaurants, I flip through my Entertainment book to find buy-1-get-1-free coupons or whatever others available. We get to order the best entrees on the menu. If use 2 coupons per week, I can free up at least $140 per month.

Applying these examples, you can easily free up extra $2,000 per month. Ironically, how many investors would kill to create a monthly cash flow of $300? In Real Estate, we receive big checks for profit and write big checks for expenses. What if those two scenarios don't work together in your favor? Your daily spending habits can be your biggest friend - or enemy, you pick!
Every Saturday night, I put on my bi-focal glasses and flip through grocery circulars during TV commercials. I find out which store has the best sales and match them with coupons if available. I stock pile meats and house goods on sale in our pantry or freezer. I spend $50 on stuff that used to cost me $200 a week. If shop weekly, I can free up $600 per month.

Every night after work, I ask myself, "Do you want to make $40 tonight in 1 hour?" If so, I cook dinner and pack lunch for my family. The groceries cost about $4. Going out to a decent dinner and lunch for two would cost more than $40. If cook 5 nights a week, I can free up $720 per month.

Once I read, "Don't be afraid to buy used clothes. Look at your closet, they are all used now." So, shopping at Goodwill becomes our family's weekend favorite. We found out that stores donate new clothes there, and many people give away top of the line clothing. We spend $15 for a wool coat with tag priced at $150. Following the principle weekly, I can free up $540 per month.

When we go to eat at restaurants, I flip through my Entertainment book to find buy-1-get-1-free coupons or whatever others available. We get to order the best entrees on the menu. If use 2 coupons per week, I can free up at least $140 per month.

Applying these examples, you can easily free up extra $2,000 per month. Ironically, how many investors would kill to create a monthly cash flow of $300? In Real Estate, we receive big checks for profit and write big checks for expenses. What if those two scenarios don't work together in your favor? Your daily spending habits can be your biggest friend - or enemy, you pick!