Review of How to Afford Anything
I stumbled upon a great article of Ken Rockwell called How to Afford Anything . Since the article is quite long, here are the points that helped me the most, i.e. were the least obvious to me. Priorization In short - buy things that you really want. Don't buy things just because it is so easy. Never buy a new car - as it is one of the worst investments. New car losts a notable value just by you buying it. Don't buy a big house - instead, try to live just below your means. Why? Because then you will always have more money than you need. This can be abstracted to the rule - try to spend just below what you have, e.g. the 99% and you won't know what to do with the money. The problems raise if you spend just a little above, e.g. 101%. Real estates not always make you money - you pay lots of things around the house. So buy the apartment only if you intend to live in there. Patience Find plenty of time to research products that you intend to buy. Thrift "A ...