Mario’s Challenge:
Taking a stand against all the odds is an anxiety disorder that everyone has, however, I have faith that everyone can break free from of this. Taking control of your life is what everyone must do in their lifetime. Young people have the hardest times doing this because following the crowds and blowing precious money away is exactly what happens. So my challenge is to spend a penny and put a penny away, seems easy but it’s not. Here are 2 tips that will have you screaming RETIREMENT!!!
Tip #1: Loose change is Good change
Ever caught yourself digging through your pocket finding pennies and lint? As little as this may seem it can become some big bucks if you just take the time to store it. Some good places are the ash tray in your car, the same jeans you wore the previous day, and the classic piggy bank. Try it for a month and cash out and see how much you make?
Tip #2: A buck Saved is a better buck Spent
As confusing as this tip sounds its quite simple. Save that buck that you were going to spend on some fast food and put it away in a savings account. Let the compound interest on that buck save you when times gets tight on money and you need an extra pocket to dig from.
This is my challenge for all you fellow young people. Be strong and voice your reasons on why or why not you spend cash because smart cash is only fot the informed.
Your friend,
Mario Moncada Urbina :)
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Tuesday, February 23, 2010
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