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Old 07-15-2007, 06:22 AM
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MonkeyMama MonkeyMama is offline
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Tough to list JUST 5.

1 - Don't spend a lot of money on cars in your youth (go very old in the $1k-$5k range).

2 - Pay cash for everything - no debt. No auto loan, I would be wary of school loans too.

3 - Save all/most of your raises & never spend a second income (along the same lines)

4 - Don't buy more house than you can truly/comfortably afford

5 - Set an allowance for buying stuff you don't need. Limit it to a small amount annually (your luxuries).

I always say I go for the big stuff - I find it far easier to cut the fat on the big stuff like this - makes life much easier.
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