A Spending Plan Can Prevent Financial Ruin

February 1, 2011  |  

(Network Journal) —

  • A used car will be just as good as a new car, as long as you do your research and make sure you don’t buy a lemon. It will save you a boatload in both payments and insurance. Personally, I don’t ever plan to buy a new car again.
  • Buy renter’s insurance. That is one expense that is definitely worth it.
  • Be careful about how much you go out with your friends. Everyone wants to be social, but $50 a night times three nights a week adds up fast, especially on an entry-level salary.

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