Friday, January 22, 2010
Power of a Dollar
Take a look at a dollar in your hand. Now what was it worth originally before deductions? Maybe you earned a $1.50 to get that $1.00. So let's use a 50% deduction rate... Now when you go to the store, add 50% to the price of everything. Including meals too! So now you have to make your money work harder to create the best value. A new lamp costs $50, the same one used in a garage sale may be asking $25 and you walk away with it for $15! So that now gives you after tax dollars of $35 to continue to stretch and save further! Suppose you take that $35 and put it in a special separate account to watch it grow? And instead of buying that $5 super duper burger, buy hamburger and buns and fixings and enjoy them all week instead of a one time meal! The power of a dollar! (And some ambition to make this a fun game will go a long ways!)
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