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Getting rich by being Frugal
BobbyDelray
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3
10-9-2007 10:19 AM
285 views
tags:
frugal
,
investing
,
saving
,
return
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/0761015f-4154-45c1-b16d-67708306d39f/AA50C544-19C0-4AA9-B41E-AD15C38D9BFD/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://articles.moneycentral.msn.com/SavingandDebt/SaveMoney/WhyFrugalityIsYourBestInvestment.aspx" href="http://articles.moneycentral.msn.com/SavingandDebt/SaveMoney/WhyFrugalityIsYourBestInvestment.aspx" style="font-size: 11px;">articles.moneycentral.msn.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://articles.moneycentral.msn.com/SavingandDebt/SaveMoney/WhyFrugalityIsYourBestInvestment.aspx">Let's take another tack. Let's say Joe just spends one hour a week looking for frugal things to do, like going for more energy-efficient lighting, installing low-flow shower heads, making some homemade meals and so on. Joe manages to save $75 more a month in the budget this way, giving him $325 a month ($75 isn't hard to do from almost any monthly budget without much life change). <P></P> <P>If he puts that $325 into that index fund at 10%, he'll have $25,167 in his account. Even a bit of frugality blows away an incredible investment.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/AA50C544-19C0-4AA9-B41E-AD15C38D9BFD/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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