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The last two years have taught me many, many things about personal finances. Some of the lessons have been useful and others thought-provoking, but a few have really knocked my socks off and changed the way I view the world. Here are the five lessons I learned that really altered my perspectives. Every time you buy anything, you sacrifice a bit of your dreams.
The Simple Dollar » Five Personal Finance Lessons That Rocked Me Like A Hurricane When I Figured Them Out
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Five Minute Finances is a series of tips on how you can save significant money or reorganize your financial life in just five minutes. These tips appear Monday, Wednesday, and Friday on The Simple Dollar. If the one thing keeping you from cutting up your credit cards is fear that you might someday desperately need them in an emergency, this tip is for you. When I was younger, my aunt once filled an ice cream container half full with water, put it in the freezer, waited twenty four hours, pulled it out, put her credit cards in there, then filled it up with water to the top and stuck it back in the freezer. The end result was a giant ice cube with her credit cards stuck in the middle. What?
