Meditations

This page features a series of maxims to utilise or adapt your personal situation requires. It is an addition to the articles, some of it is double, however one does not replace the other.

• • Buy now pay later, as a means of purchasing something, should only be used when you already have decided how to pay; in your head it should be paid for in full. Virtually all expenses can and should be saved for instead of relying solely on credit.
  • There are common ways to waste money; you need to evaluate whether or not something really is worth it before spending.
  • The only save investment, and thereby actual wealth, is gold plus silver in the palm of your hand.
  • Small differences in price matter, they add up to large amounts. This happens automatically with fixed recurring expenses.
  • Everything that someone asks you to do has value, at least to them.
  • Always track cash movements, this helps in cutting costs and optimising investments. It will likely free up money for even more investing.
  • All things cost money, even the fun ones, do not forget how much something costs you in total; time, money and energy taken into account.
  • Virtually all budgets have room for cost cutting, most people just do not want to give up on luxurious consuming.
  • Time spent learning is always good, even better when you receive a certificate you can use.
  • Anything can be an investment, do research before considering it so.
  • Sometimes a live costs more to safe than it is worth, in terms of time left and quality of that time.
  • If you work with someone, or at a place where you are regularly expected to make donation for an event, or do something pricey together; reconsider working there or set up clear boundaries: The only reason to work is to make money, if you are forced to spend, the whole point of working is defeated. Should be noted that managers tend to favour outgoing personalities, who are generally responsible for such wasteful actions.