Expand Your Education with These Courses from
Becoming a Successful Sales Professional: Skills for Sales Success: Part One.
Time Management: Skills for Sales Success: Part Two.
Customer Relationship Building: Skills for Sales Success: Part Seven.
Expand your education through NAR's REALTOR® University: A Consumer Advocate Approach to Mortgages: Course 2.
At Home with Diversity.

Spending Smart: Break the Spell of Spending Mindlessly

Have a comment on this article? Share on Facebook!

By Gregory Karp

—Consult your personal calendar and your bank statement. Despite what you tell others, your true priorities are reflected in how you actually spend your time and your money. Are you satisfied with your priorities? You can begin with the literal end in mind too. Imagine you’re on your death bed reflecting on what was important in your life, along with the purchases you made and didn’t make. With that perspective, would you change your current spending habits? Another trick is the 10-10-10 rule — in contemplating a purchase, ask yourself how it will affect your life in 10 minutes, 10 months and 10 years.

—Asking when enough is enough. Yeager suggests slaying your “enoughasaurus” by asking yourself when you have enough. At what point of accumulating more things can you be content? The question might strike you as profound or dopey, depending on whether you are at a place in life that allows it to resonate. The side benefit of spending more mindfully is that you’ll probably end up spending less and saving more, a good formula for weathering the next economic recession.

Gregory Karp, the author of “Living Rich by Spending Smart,” writes for the Chicago Tribune.

Distributed by MCT Information Services

Continue Reading 1 2 3 4 5

Have a comment on this article? Share on Facebook!

Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Copyright© 2016 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com

Our Latest News >>