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Consider items you want to buy. Why do you want them? Why are they important for you to have? Now consider other places you can spend money or ways to save money. What could you do with your money to
help improve your current financial status? Why?
Bring in more money than you spend, leaving a surplus. [ There are only two levers you can pull to achieve this. Place this surplus in some sort of tax-advantaged entity, account, plan, or organization Put that surplus to work for you as you would an employee, avoiding unnecessary risk and earning a return that exceeds taxes and inflation by a comfortable margin. Add to these funds year after
year by depositing new surplus capital and reinvesting the cash generated by your holdings Wash, rinse, and repeat for several decades. ]
Expert answered|donfabian|Points 64|
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Asked 6/27/2013 8:25:52 PM
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Questions asked by the same visitor
What strategies do you plan to implement to ensure that you are purchasing only needed items?
Weegy: learn to be a wise and practical buyer you need to prioritize what you needed most and can benefit as much at lower cost. Do not be materialistic always be practical and systematic having to purchase anything. (More)
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Asked 6/26/2013 9:39:08 PM
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What could you do with your money to help improve your current financial status? Why?
Weegy: . Protect your privacy. Whenever someone asks for your Social Security number, question if it's necessary to share it. [ Never give it to a solicitor on the telephone or in an email, and if you ever notice a suspicious charge on your credit card, follow up with your card company—it could be the first sign of identity theft. ] (More)
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Asked 6/27/2013 8:42:46 PM
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