You get a much higher return by saving a dollar than earning a dollar. If you save a dollar, you save a dollar. Replacing that dollar with earnings is not so simple. Everybody who’s ever gotten a paycheck knows you only keep a fraction of every dollar earned. Income taxes, both Federal and state, are taken out. Social Security takes a bite. There are other things like health and life insurance that eat into that dollar.
Never forget the cost of going to work. Transportation, eating out, special clothing, all kinds of expenses come out of your pocket just to go earn that dollar.
Time put into things like gardens, doing your own house and car repairs, yard work, gathering firewood -all kinds of things save you money.
Having a home in the country really saves me a ton of money. I’ve solar electric for a good part of my power, trees for firewood, a well instead of a water bill, a septic system, garden, and even hunting and fishing right here. That’s a good part of the reason I’ve been able to live on a fixed income for 29 years.
That doesn’t mean you can’t save money living in an apartment in the city. It all depends what you have to pay beyond rent. If you pay your own electric bill energy efficient appliances make a big difference. Just switching to an induction cooktop for most cooking can save a bundle. If you have to pay for your own heat eliminating drafts and adding window films help a lot. There are even apartment dwellers who’ve figured out how to add small solar electric systems. Even some tomato plants in planters help.
Remember, a dollar saved is worth a lot more than a dollar earned.
-Sixbears
Yeah , you have gotten to know us somewhat.
ReplyDeleteWe don't pay others to do stuff for us , if we can possibly do it for ourselves !
Even if I currently don't know how to do something... what's the rush ? Study up and learn how.
There is absolutely nothing that cannot be learned , given time , fortitude and perseverance.
Especially given the internet access of today's world. Pretty much all is available to consume and absorb.
Don't have the tool ?
The rates most tradesmen charge these days , will quickly offset the price of the tool . Good tools are an investment , which will pay a huge dividend.
Above all...Live simply , that others might simply live.
We've done so much with so little for so long we can do almost anything with nothing.
ReplyDeleteTrue dat , seeing how everything comes from free stuff the earth provides , all we do is add labor and presto...stuff.
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