VIDEO ON MSN MONEY
My #1 rule is this: DRIVE A CHEAP CAR!
This is probably the single biggest place people waste a huge amount of money, especially over the long term. Take the money that you would have spent monthly on a car payment and save it, or pay extra on your mortgage. This was probably the single biggest savings that allowed me to pay my house off in only 8 years.
As I say, "a paid-off mortgage is a lot more impressive than a fancy car (or fancy kitchen, or whatever)."
Saving these days is laughable. Considering the amount of interest on student loans, the government will make sure you remain poor. There is no way to dig yourself out of the hole no matter how frugal you live, trust me, I live it. I can't even buy a cup of much needed coffee without thinking twice. The government sure knows how to FLEECE and then blame the working people of this country that they dont know how to control their finances.
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