Comments on: It’s Not What You Make, It’s What You Spend http://www.everybodylovesyourmoney.com/2007/09/05/its-not-what-you-make-its-what-you-spend.html Living for today - Planning for Tomorrow Thu, 18 Mar 2010 17:14:15 -0700 http://wordpress.org/?v=2.9.1 hourly 1 By: The Best of The Best-- Spend Less Than You Make http://www.everybodylovesyourmoney.com/2007/09/05/its-not-what-you-make-its-what-you-spend.html/comment-page-1#comment-102308 The Best of The Best-- Spend Less Than You Make Sat, 08 Sep 2007 19:46:56 +0000 http://www.everybodylovesyourmoney.com/2007/09/05/its-not-what-you-make-its-what-you-spend.html#comment-102308 [...] Hazzard at Everybody Loves Your Money and ChristainPF.com both tell us the basic truth that wealth building is less about how much you make and more about what you spend.  As someone who has been blessed to see my salary dramatically increase over the last 10 years, I can attest that what they’re saying is right on the money (hehehe no pun intended).  While working to better yourself and striving for a better paying job are worthy goals, they are NOT the answer to your financial problems.  It’s what this site is all about - spend less than you make.  It’s that simple - and that hard.  Right on guys! Financial Tips & Tricks [...] [...] Hazzard at Everybody Loves Your Money and ChristainPF.com both tell us the basic truth that wealth building is less about how much you make and more about what you spend.  As someone who has been blessed to see my salary dramatically increase over the last 10 years, I can attest that what they’re saying is right on the money (hehehe no pun intended).  While working to better yourself and striving for a better paying job are worthy goals, they are NOT the answer to your financial problems.  It’s what this site is all about – spend less than you make.  It’s that simple – and that hard.  Right on guys! Financial Tips & Tricks [...]

]]> By: Minimum Wage http://www.everybodylovesyourmoney.com/2007/09/05/its-not-what-you-make-its-what-you-spend.html/comment-page-1#comment-102043 Minimum Wage Fri, 07 Sep 2007 04:44:14 +0000 http://www.everybodylovesyourmoney.com/2007/09/05/its-not-what-you-make-its-what-you-spend.html#comment-102043 I earn my state minimum wage, with no fringe benefits (I'm assuming Mr. Earl had employer-provided (or subsidized) insurance, and that he has Medicare now.) I'm confident I spend less than he does, especially when adjusted for cost of living (cost of living in Baltimore is 1.8% lower than where I live and work, according to the salary.com website). So frugality won't make you rich on a minimum wage income - sometimes, it really IS what you make. I earn my state minimum wage, with no fringe benefits (I’m assuming Mr. Earl had employer-provided (or subsidized) insurance, and that he has Medicare now.)

I’m confident I spend less than he does, especially when adjusted for cost of living (cost of living in Baltimore is 1.8% lower than where I live and work, according to the salary.com website). So frugality won’t make you rich on a minimum wage income – sometimes, it really IS what you make.

]]> By: Kyle http://www.everybodylovesyourmoney.com/2007/09/05/its-not-what-you-make-its-what-you-spend.html/comment-page-1#comment-101996 Kyle Thu, 06 Sep 2007 20:18:33 +0000 http://www.everybodylovesyourmoney.com/2007/09/05/its-not-what-you-make-its-what-you-spend.html#comment-101996 That is awesome. Earl is a true inspiration and shows that you DO have direct power over your finances. That is awesome. Earl is a true inspiration and shows that you DO have direct power over your finances.

]]> By: Mapgirl’s Fiscal Challenge / $20K a Year to $500K Net Worth http://www.everybodylovesyourmoney.com/2007/09/05/its-not-what-you-make-its-what-you-spend.html/comment-page-1#comment-101861 Mapgirl’s Fiscal Challenge / $20K a Year to $500K Net Worth Wed, 05 Sep 2007 23:48:08 +0000 http://www.everybodylovesyourmoney.com/2007/09/05/its-not-what-you-make-its-what-you-spend.html#comment-101861 [...] tip to Hazzard at Everybody Loves Your Money for the Kiplinger’s story link. There is also a video for this inspiring story about Earl [...] [...] tip to Hazzard at Everybody Loves Your Money for the Kiplinger’s story link. There is also a video for this inspiring story about Earl [...]

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