Tuesday, 21 September 2010

Farewell to the medieval mentality (Part 5 of 7)

Usually, saving some money is going to be the first step for making improvements in your life. You are going to have to let go of your impulse to spend money today and focus instead on the opportunities down the road. Time will reward your efforts if you define your objectives and carry out a plan to attain them.

Living frugally will allow you to save the funds that you need to take advantage of the next opportunity. In the Middle Ages, there was no way to move forward, but in the present world, real possibilities exist. Here are three ideas to help you gather that initial capital:

[1] Redefine what is essential: You can make important savings if you acquire frugal habits. Your utilities bill can often be reduced. You can cut down your energy consumption, for instance, by turning off the heating in rooms that you are not using all the time and by improving the isolation of windows and doors.

To be continued in Part 6

[Text: http://johnvespasian.blogspot.com]

[Image by Jim Linwood under Creative Commons Attribution License. See the license terms under http://creativecommons.org/licenses/by/3.0/us]

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