Chris Farrell
Autor de The New Frugality: How to Consume Less, Save More, and Live Better
Sobre El Autor
Curis Farrell is senior economics contributor at Marketplace, American Public Media's nationally syndicated public radio programs on business and economics. He is the economics commentator for Minnesota Public Radio. An award-winning journalist Chris is a columnist for Next Avenue and the Star mostrar más Tribune. He is also the author of the New Frugality and lives in St. Paul, Minnesota. mostrar menos
Obras de Chris Farrell
Etiquetado
Conocimiento común
- Género
- male
Miembros
Reseñas
También Puede Gustarte
Estadísticas
- Obras
- 9
- Miembros
- 260
- Popularidad
- #88,386
- Valoración
- 3.5
- Reseñas
- 26
- ISBNs
- 23
1. “An emergency savings fund covering twelve months or more of expenses.” Have savings that can carry you through the difficult times by putting a lot of money in savings and watch it compound and grow.
2. “Spending less than you earn.” Spending a certain amount of money during the month is good as long as you are saving as well. Only spend less than what is required.
3. Earn a college diploma and keep your employment and save the amount in what you were paying in school fees.
4. Pay off your credit cards in full and save ten percent of whatever you paid off.
5. “Go for quality, not quantity.” Take care of your possessions. They matter.
6. Thrift- the quality of using money and other resources carefully and not wastefully. Use money smartly and sparingly and for a specific reason. Or else do not use it. Period.
7. “The second Vice is Lying; the first is Running into Debt,”- Benjamin Franklin. Do not get into debt. Debt is a liability. Debt is on the right. Debt means you are going to go bankrupt. Debt means bad credit. Debt means not being a role model. Debt means living above your wages. Debt means not being mindful with your money, your time, or your extracurricular activities.
Biggest Takeaway
Debt is a liability. Don’t be a liability to anyone. They will run.
Quote in Summary
“Be an asset to someone by managing your life as if frugality were King. Frugality in money. Mindfulness in speech. Careful with your time and resources.”… (más)