Personal Finances 101 Textbook: None. Course will be based on online essays and materials. Instructor: Mba Mbulu

Help support this free, alternative educational system. CLICK HERE and order some valuable reading materials.

Class #9

Steps Toward Personal Financial Triumph

An Ounce of Prevention: Reducing Expenses

In this class, we are going to show how costworthy prevention is. As an intelligent and dollar conscious person, you should try to prevent as many unnecessary expenditures as possible.

Review is a constant in this course. Always check your notes from earlier classes. It will enable you to blend in everything more easily.

An ounce of prevention could do wonders for your budget. Here is an example of what I mean.
Avoid medical bills as often as possible. Most minor aches and pains will work themselves out over a short period of time. Going to the doctor in such cases is a waste because what they give you will probably not help you and what they charge you could be put to better use. Additionally, the money you spend on drugs and medications could be drastically reduced if you wait for a while before pushing the panic button. In this day and time, when the profit motive drives doctors and other medical professionals just like it drives a profiteer, each person should learn to rely less and less on doctors. You should become the health expert when it comes to your health.
I am not saying never use doctors. What I am saying is don't overuse them. Most accidents and sicknesses are not life threatening or life altering. In many of those situations, you can avoid doctor bills and still regain your health completely.

Help support this free, alternative educational system. CLICK HERE and order some valuable reading materials.

[Top][Personal Finances101][BuyBooks][TheBlackEye]


Be careful about developing a dependency on products and services that reduce the amount of exercise you get. A tv remote is very convenient, but is it really to your benefit? I don't think so. By enabling to remain in your couch for hours at a time, a tv remote could be costing you hundreds of dollars a year in needless health related expenses. The same can be said about developing a dependency on a car. Do you really have to drive every where you go? When it is practical, WALK or ride a bicycle. This is good for your health (it reduces medical costs), it reduces automobile expenses (gas costs, parking costs, wear and tear costs, repair costs, etc.) and it encourages other members of your family to do likewise.
There are many conveniences that people overuse or abuse. Think about all of the things that make your life easier and analyze your use of them. You will probably discover that you are using them in a manner that strains you financially. If you are a worthwhile manager of your dollars and cents, you will probably be able to figure out how to alter your use of them so that you benefit financially and otherwise.

Questions? Email aset@asetbooks.com and list your course title as the subject.

Help support this free, alternative educational system. CLICK HERE and order some valuable reading materials.

[#10][Top][Personal Finances101][BuyBooks][TheBlackEye]