Value Placement
People place "great value" on items that display wealth.
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1/. Great value is placed on having the latest smart phone.
2/. Great value is placed on clothes & fashion accessories.
3/. Great value is placed on expensive cars that depreciate as soon as you drive them away from the showroom.
4/. Great value is placed on homes with kerb appeal.
5/. Great value is placed on "travel-experiences"
Spend 10 minutes to consider how you spend your money. How could you save 10% of your income?
Make a Checklist
Grab a cup of coffee, pen and a sheet of paper and make a list of all your expenditure.
Then draw a smiley 😊 or un-smiley face 😕 against each item.
Once you complete the list, question why you need each item, especially items marked with an un-smiley face.
Calculate how much per month you spend on each item - could you cut back on any expenditures? Consider this - you accumulated all these expenses by sleep walking into them, but now you can consider and re-evaluate whether you still need them.
To quote Carl Bard, "Though no one can go back and make a brand new start, anyone can start from now and make a brand new ending."
Alchohol, pubs and clubs.
Amazon Impulsive Purchases
Bank Charges
Broadband Internet Account
Car Depreciation
Car Insurance
Car Purchase
Car Repair
Car Tax
Charity donations
Christmas
Clothes
Clubbing
Computer Purchase
Credit Card Interest
Dentist Bills
Drinking
Eating Out
Electricity
Expensive Holidays
Eye Spectacles
Fuel
Gadgets
Gambling
Gardening
Gym membership
Habits
High Interest Rates
Hobbies
Home Contents Insurance
Home Repairs and DIY
House Building Insurance
Impulsive Purchases
Internet Shopping
Jewellery
Junk Food
Keep up with the neighbours
Life Insurance
Local tax
Medical Bills
Medicines
Monthly payments & fees
Mortgage
Mortgage Charges
Music Streaming
National Insurance
Netflix
Pension Charges
Personal Tax
Phone Contract
Prime Video
Pubs
Rent
Smoking or Vaping
Subscriptions
TV License
Water Utilities
