Barbara Steinhoff Schneider
ASIN: B00IPM5W1C
Publisher: Talent Writers
Pages: 46
The richest person once told me: If you take care of the pennies, the dollars will take care of themselves. In my opinion, living on a shoestring budget is an act of supreme intelligence. Whether you have a lot of money or you don't have a lot of money, knowing how to spend money only when necessary and not squandering it is a very smart thing to do. If you don't believe me, ask people like Warren Buffet, one of the richest people in the world, who still lives in the same house he bought in 1957 for $30,000 and drives an old cadillac. Do you think it's just a coincidence that some of the richest people in the world have this "no spending" attitude? Look, mathematically it's very simple, it's a principle called compound interest. By not spending a lot of money you can allow the interests of your money grow exponentially over the years. So even if you just kept your money in the bank (as ...