Manage Your Overhead

Every day we make choices about how we live. If you are committed to becoming wealthy, then you have to be willing to change your habits. And that means two things: analyzing your spending habits and analyzing your time habits. Recommended Reading Kevin Kruse, "15 Secrets Successful People Know About ...

Life is not about working all the time just so that you can pay bills. Life is about doing what you want to do with your time. But you have to pay for your overhead. What exactly is overhead? Your expenses - what it costs you to live every day ...

If you ever looked at the pay stub from your paycheck, where all of the taxes are taken out of your check, you know how expensive taxes are. In fact, taxes are usually the biggest category of expense. Your taxes will be higher than your rent, your food, your car ...

Thus far, under Money Fundamentals, we have been talking about the expenses that you cannot really get around -- housing, food, transportation, utilities, taxes -- these are things, for which you cannot really avoid paying. In order to become wealthy, you need to keep your cost of living as low ...

So far we have been taking about overhead; what it costs to live. Shelter, utilities, food, transportation, taxes, and insurance are the six categories that you cannot eliminate. But for most choices, if you want to become really wealthy, meaning that you don’t have to work at all, then you ...