The title of today's Brandon's Blog is
Achieving A Frugal Lifestyle To Avoid Money Problems:
22 Tips For Saving
I was reading an article the other day about Herbert Jones, who is a promising six
foot, seven inch, 24 year old small forward/shooting guard,
went to University of Alabama and is now with the New Orleans Pelicans in the NBA.
And the thing that makes him different is that he's a very frugal spender.
When you think of NBA players with large
amounts of jewelry, fancy clothes, this is not Herbert Jones.
He only wears team gear that he gets for free.
And he's also very frugal in his spending habits.
He says that he wants to save his money, invest it wisely,
so that he will be set for the rest of his life when his playing days are over.
And that got us thinking that if
many of the people who are experiencing financial problems
and need to file either a consumer proposal or for bankruptcy
were frugal spenders over the years like Herbert Jones is doing,
perhaps they would never have to come to our office.
And therefore many people can pull themselves back
from financial ruin by thinking and looking carefully at everything they
spend and determining whether or not it is really necessary.
And perhaps they should be living
a more minimalist lifestyle, spending less than they earn
so that they can build up their savings in order to pay down debt,
have an emergency fund, and even have some luxuries like travelling.
My name is Ira Smith.
President of Ira Smith Trustee & Receiver Inc.
Both Brandon Smith and myself are available to answer any questions you
may have either about this Brandon's Blog or anything else at all.
So shoot us a message, give us a phone call.
We would love to speak with you.
I hope you can watch until the end of this
video because I know you will get value from it.
Brandon provides an introduction and then a definition of frugal living.
Frugal living is not being miserly or a cheapskate.
It is living within your means and building up your savings.
Brandon discusses the importance of frugal
living, describes Herbert Jones's attitude towards
spending, even though he could afford a lot more than he actually wants to buy.
Brandon then describes the importance of being financially savvy.
He gives six benefits of a frugal living lifestyle.
He talks about budgeting and mastering the art of budgeting
and then provides 22 tips to live a financially sustainable life.
So if you are feeling the pinch and believe you are soon going to have
financial problems, first think and act like Herbert Jones
and follow the steps Brandon outlines in the blog below.
I hope you can read the entire blog
below because I know you will get value from it.
Again, both Brandon Smith and myself are available to answer any questions you
may have either about this Brandon's Blog or anything else at all.
So shoot us a message.
Give us a phone call.
We would love to speak with you.