Smart
Money Dumb Money
My dad used to say that it is more
important what you do with what is left than how much money you make. Are you
the smart or the dumb money?
Chart by Chris Brady
1.
The smart money says
I will earn and save it.
The dumb money says I will borrow
it.
2.
The smart money
says I will save before investing it.
The dumb money says I will
spend it because I deserve it.
3.
The smart money
says I will not buy it until I have the cash.
The dumb money says I will
finance it.
4.
The smart money
says I will buy it with cash.
The dumb money says I will borrow
to establish credit.
5.
The smart money
says I can wait so I can buy nice things.
The dumb money says if I
wait I will never buy nice things.
6.
The smart money
says I will earn, give, save, invest, and then spend.
The dumb money says I will
spend, earn, spend, earn, and then spend some more.
7.
The smart money
says the total cost, including the interest, is too high.
The dumb money says I think
I can afford the monthly payment.
Thank
you for reading and reflecting on today’s nuggets. Please share with others.
Be blessed and be a
blessing to others
Carlos Fontana
Author of the book Priceless, Co-author of the
book Follow to Lead
"The future
belongs to those who can see and pursue opportunities before they are
obvious."
"Those that take
swift action will always leave those that don't breathing the dust."
I would love to do a
podcast or a blog interview and share my Nuggets with your audience!
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