I have yet to talk about my New Year's resolutions however I wanted to hold off until I had a plan about how to address them. My first goal for 2007 is to save more.
I love saving. I love that keeping money in the bank gives me something that just can't be bought. Peace of mind. I love that saving is like a second income. Frankly, it's better. I don't get taxed.
So I put away a fair amount every month. I live comfortably however if I save anymore, it wouldn't be. So if I don't add more to what I put away, I will have to cut down on what I spend. So here's the plan/thesis.
By buying non-necessity things only online on eBay or at the outlets, I will be able to gain more for a fraction of it would cost at the retail level. The quality and value of what I purchase will be of equal or better than what I would be able to purchase in store and, my quality of life will improve because of these purcases. I will also go one step father and claim that I will make money off these purchases. As a result, I'll be able to fullfill this resolution.
I will track my spending(earning) and report in future blog entries. More resolutions to come.
Cheers,
John
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