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If You Want to Stay Rich, You Need to Think Cheaper

Do you know anyone that got a pretty decent promotion and almost immediately increased their standard of living? They most likely went out and bought themselves a fancy new car (to fit the role of their fancy new job) and maybe even moved into a larger executive home as well. Instead of shopping at a discount grocery store, they begin to buy their food at the more upscale store down the street. Everything just seems to become bigger and better, so what do you think happens to their overall cash flow? Most of the time their cash flow (the money that they have left after the bills are paid) goes unchanged or even goes down a little! If you want to stay rich, you need to think cheaper.

Think Cheap, Yet Effective

When I was 20 years old, my goal was to increase my discretionary income to $500 a month

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Make a Grand Per Month Teaching Other People to Save Money

Many people who are looking to make a grand per month are also very good with their money, in part because they have to be. Some who have a tight financial budget, whether that be through choice, through underemployment or due to debt repayment, often stretch their dollars by becoming savvy shoppers.

Some of the most successful blogs are those that teach others how to use coupons to buy items for free or nearly free as well as how to stretch dollars to make each one go further.

If you’re a coupon guru, you may be able to make a grand per month teaching others how to stretch their money and get by on less.

Amy Dacyczyn, the original Frugal Zealot, made a fortune in the 90s with her newsletter and then books that taught others to be frugal during the recession. Now, in the Internet age, hundreds of women

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