Reducing ExpensesReducing expenses is an excellent way to generate more money. Do a budget and see where your money is going! How much do you spend on lunches? Do you smoke? What if you quite smoking and saved all that money? What would it amount to? What if you took a lunch to work instead of spending $5.00 a day on lunches? What if you took your next raise and saved it instead of spending it?
Let's say that you decided to quite smoking and invest the money saved. How much will you have at the end of 10 years assuming you invest $150/month at 10% interest p.a.? At the end of 10 years will you have: $20,000? You will have over $30,000! At the end of 20 years you will have over $110,000! At the end of 30 years you will have over $330,000! Prove it yourself! Click here to use the Calculator.
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