Here I define consiousness as our ability to interpret the world around us, meaning of life, past and future.
I have met many people that avoid loans. Some even don't borrow for business purposes. Ethic extremals don't borrow even interest free.
In the late school years the "wish-country" was selected by posters and movies. US was therefore leading until when thoughts about the cultural identity filled my mind, and then Europe took the place. Then pragmatic life of a family head made the search for a heaven as simple as looking to the country GDP per capita ratings. Uruguay travel added the country's security and crime profile to the filters. Wonder what will be the next.
A personal ban on Coca Cola started 2 days ago and will last until April 20, 2015. This is my second Coke ban. The first one started upon return from Uru and lasted until Nov 2013
Willshare some tricks that helped me avoid overspending on grocery and entertainment categories in my personal budget.
...In order that gold may be held as money, and made to form a hoard, it must be prevented from circulating, or from transforming itself into a means of enjoyment. The hoarder, therefore, makes a sacrifice of the lusts of the flesh to his gold fetish. He acts in earnest up to the Gospel of abstention. On the other hand, he can withdraw from circulation no more than what he has thrown into it in the shape of commodities. The more he produces, the more he is able to sell. Hard work, saving, and avarice are, therefore, his three cardinal virtues, and to sell much and buy little the sum of his political economy...
Some time ago I happened to be on an interview with the local telecom company. They were exploring my understanding of the industry specifics and I based my answer on what I experienced in telecom audits. It looked to me that they approved those answers at that time.
What do rich people seek when shopping for luxury products. If I've correctly interpreted a recent training by one of our brand ambassadors - they buy experience. What is application for luxury shop finance? Probably the most obvious one is to stop saving on margins.On balance sheet it means significant investment in the environment: fixed assets, image, etc. What is application for personal finance? Never buy luxury products until all other experiences are consumed.
Read a lot about budgeting before actually done one. Here are some things that proved worthwhile to know then, and things that came up only when hands were on:
Decided to post this since helped me a lot.