Changing Out Of Necessity
Sharon, 35, and her husband, Andy, are professionals with an expensive lifestyle. While both were single, they enjoyed dining out, going on holidays and generally living it up. After getting married, they continued with this lifestyle, until their first child came along and they started talking to other friends with young children.
They learnt that having children is not cheap! Both realized that if they continued their current way of life, they would not be able to afford a good education for their little ones; neither would they be able to retire comfortably.
So both sat down to review their monthly expenditure. they found that there were many items that they could cut down on, such as limiting themselves to one holiday a year rather than the three they were taking.
They also decided to sell off one of the three cars they owned. By doing just this, they found they had RM5,000 extra each month to put in savings and investment.
By telling this morale story, you should now change your lifestyle. Don’t eat at Posh restaurant everyday.
September 10th, 2008 at 11:21 pm
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