1. File Bankruptcy and Help The Economy

Since the purpose of the economic stimulus plan was to help Americans who were overburdened by high interest rates, credit card balances and sub-prime mortgages pay their bills, why not make this your last credit card payment. If you filed bankruptcy yourself, you could do it for less than $600. If you are married, you could hire an attorney to do it for you with your $1200 payment.

2. Buy a Wii Fit

According to their Website : “The active-play phenomenon started by Wii Sports now spreads to your whole body thanks to the pressure-sensitive Wii Balance Board (name not final), which comes packed with Wii Fit. The board is used for an extensive array of fun and dynamic activities, including aerobics, yoga, muscle stretches and games. Many of these activities focus towards providing a “core” workout, a popular exercise method that emphasizes slower, controlled motions. Family members will have fun staying active and talking about and comparing their results and progress on a new channel on the Wii Menu.”

3. Let The Government Buy Your Next Gun and Ammo

Citizens Committee For The Right to Keep and Bear Arms (CCRKBA) Chairman Alan Gottlieb thinks it would be a boon to America’s firearms industry for that money to be spent on pursuits guaranteed by the Second Amendment, while also providing jobs and paychecks, and creating new jobs for people in the industry. “This is our money, anyway,” Gottlieb said ofthe stimulus checks. “If we weren’t paying it in taxes to begin with, it would still be in our bank accounts and wallets, and we would already be spending that cash on a new rifle or shotgun, perhaps a new handgun and ammunition, shooting accessories and other equipment. “Set some cash aside to buy gasoline for a trip to the range,” he added, “and don’t forget that with every firearm and ammunition purchase, Americans contribute to the Pittman-Robertson federal excise tax program that supportsstate wildlife agency programs, including hunter education. Not only will these purchases provide a much-needed boost to the gun industry, they allow gun owners an opportunity to take more than just a symbolic swipe at anti-gunners and anti-hunting groups.”

4. Buy Fine Wine and Spirits

You can get a bottle of 1908 Bual Madeira for $534.00. Everyone should try a 100 year old wine at least once in their life. Or you could buy a 40 year old bottle of Old Fettercairn single malt scotch for around $700.

5. Go to The Ball-Park or Playoffs

Even though it is the regular season, you can easily spend $600 on baseball tickets. At Yankee Stadium, $600 buys one seat behind home plate. In Colorado, you could get a 25 game package for $625. If baseball is not your game check out the NHL or NBA Playoffs. According to Stubhub.com, two nosebleed seats for the Lakers’ next series cost about $600. The NHL is a better value, you can get 3 seats to the Red Wings’ next series for $575.00.

Bookmark It

Hide Sites

Answer these questions. Be Honest, this is for your benefit:

1.)    Does anyone in your life  complain that you spend too much money?

2.)    Are you surprised when your credit card bill shows up at how much more you  spent than you thought you had?

3.)    Do you have more shoes and clothes in your closet than you could wear in  months?

4.)    Do you buy every new gadget that comes out before it even has a chance to  collect dust on a store’s shelf?

5.)    Do you buy things you didn’t know you wanted until you saw them on display  in a store?

If you answered “yes” to any two of these questions, you are an impulse spender.  You have been practicing “retail therapy”.

This is not good for you life. You will never be able ti save for the important  things like a house, a new car, a vacation or retirement. You really need to set  some financial goals and make some plans while you can.

You must learn to resist spending money (make that, racking up credit card debt) on  items that you can really life without until you can really afford them. That means  after you have savings, your car is paid off, you got through college, you own you  home.

Impulse spending will put a strain on your finances and on your relationships. To  overcome the problem, the first thing to do is learn to separate your needs from  your wants. Buy only things you really need until you dry out from compulsive  spending.

You may need to learn new things to do with your time. New activities that replace  the emotional satisfaction of retail therapy.

Advertisers blitz us hawking their products at us 24/7. The trick is to give  yourself a cooling-off period before you buy anything that you have not planned  for.

When you go shopping, have a list with you and bring only enough cash to pay for  what you planned to buy. Do not bring any credit cards, especially when going to  your favorite stores. Remember you are building a better future with more options  and improving your relationships.

If you see something you think you really need, give yourself time to think if it  is really something you need or something you just want. Now you will begin to  improve your financial life and your relationships.

Bookmark It

Hide Sites