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Three tips to mastering the art of debt free living
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[QUOTE="btaliat, post: 253100, member: 26390"] Living a life void of debt is everybody's dream but not everybody will achieve this just like other dreams are not achievable by many as well. How can we now try to avoid to leave on debt even if we are unable to stop it? Knowing difference between want and need: the only major characteristic of man is that he's insatiable that's why his wants can never finish-they are unlimited. Needs are also unlimited but they are mostly desired. We should learn how to focus on how to achieve the need and not really the want. When we get all what we want, we may later be in a state of want. Preference scale: we need to know how to use opportunity cost. There are some things that have to go to next month plan if buying them now may affect our purse. We can always try not to subscribe if there is no much food in the house. This means that even if we need all of our needs, there is need toske sure that some needs are put first before some needs. Mastering these two ways may be enough for us to live a life without incuring much debt on ourselves. [/QUOTE]
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Three tips to mastering the art of debt free living
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