For us, we believe that choosing a saving before spending financial approach created good spending discipline and significantly increased our probability of building wealth.
For more on The Practice of Personal Finance, check back every Wednesday for a new segment.
This is not financial or saving advice. Please consult a professional advisor.
Copyright © 2009 Achievement Catalyst, LLC
Wednesday, December 16, 2009
Giving Saving Priority over Spending
In managing our personal finances, we typically have given savings higher priority than spending. Here are our reasons for doing so:
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1 comment:
I agree that saving before spending is a good idea. If we do it in reverse, the saving seldomly gets done.
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