Posted by: Stephen Paul | March 1, 2008

Reduce your impact on the world…and your wallet

You Can Save the World:  Actions You Can Take

Reduce your purchases…and your expenses. Before you buy anything, ask yourself, “Do I really need this? ” Cutting purchases and expenses will not only reduce your personal demand on environmental resources, it will also reduce the amount of income you have to earn. Even if you choose to work as hard, it would still increase the money available for needed expenditures (e.g., home or car maintenance), allow you to save for emergencies (no longer such an unlikely event), and reduce the amount of needless worry in your life. You’ll be creating freedom.

The interest you pay on any debt you have is a burdomsome, and totally unnecessary, drain on your resources. Pay off any debt you carry as quickly as you possibly can. Save the money you need before you make any new purchase (like a new car–even a hybrid). You will avoid making impulsive purchases, plus you’ll save considerably on the price you pay for the purchase.

Also, look for places where you can cut costs in your daily life. Here are some examples I’ve recently discovered. I check out books and CDs from the library, rather than buying them. I’ve learned to cook the things I like to eat most at home, rather than eating out. I only buy machine- or hand-washable clothes, rather than things I must launder. I hike and work out at home rather than pay gym fees and equipment costs. Think about it, and I’m sure you’ll come up with a lot of equally good ideas in your own circumstances.

Advertisements

Responses

  1. I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.

    Tim Ramsey


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Categories

%d bloggers like this: