Pennies Are Not From Heaven

Beyond all the tricks and strategies for saving money is a foundational approach to take a moment before you rush into the next purchase to reflect on wants versus needs. We all have needs but we easily confuse wants or desires with needs. Let’s have a couple examples.Example #1Want => Expensive wine and cheese. Satisfied with $20 bottle of wine and $12 block of cheese.Need => An appetizer and drink to share with friends. Satisfied with a good $9 bottle of Argentinian Malbec and $4 block of Pepper Jack.Example #2Want => $40k SUV with DVD, Navigation and full time 4WD.Need => A reliable and safe family car. Satisfied with a $24k wagon.A little self awareness and creativity can go along way to living within your means and enjoying the peace of mind of living within your means by satisfying your needs rather than stretching the budget to satisfy wants.

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