Tuesday, February 19, 2008

Lesson 3: Watch a Master Saver at Work



The man might know how to save, but does he know how to earn? He makes $15,ooo a year which is not enough to live comfortably even if he did loosen the grip on his pocket change. I must admit that it is impressive that he is able to save so much though. Saving money is great but I saw some ways that he could do it better. First of all, why is he buying paper towels? A cloth rag might be smarter and more economical. Second, I assumed that a man so interested in saving was equally interested in earning large amounts money. What is the purpose of saving if you are not saving to accumulate towards some goal. Just like we eat certain foods to produce a certain outcome, we must also save to promote a certain outcome, otherwise you miss a chance to use that will power to your advantage. Third, separating toilet paper and squeezing ketchup are time consuming activities, it is best to determine how much your time is worth before you mimic those kinds of practices. For more information on saving money at home check out this book by Josh Garskof, "The Cheap Bastard's Guide to the Good House and Home."

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