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Spending to Save

November 12th, 2010 at 01:39 pm

Lowering my future expenses is one step to bring myself closer to financial independence. Lower expenses means less need in net worth and greater savings from income. Here are some things in my life that I can spend money on to lower future expenses:

- Pay cash for a car
- Pay off debt
- Purchase a house
- Pay off house debt
- Buy an older/safer car for lower insurance
- Buy and grow herbs in my window (those of you lucky enough to have backyards/patios can plant vegetables/fruit)

Those are all that I've thought of right now. Any other ideas?

1 Responses to “Spending to Save”

  1. Jerry Says:

    I am a proponent of older/safer cars for lower insurance... not beaters, but truly safer cars. This leads to less out of pocket, and if well maintained they can last for a long time. Great list!
    Jerry

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