How to Be a Miser
It is not easy to be a miser today. If you have money, you are likely to spend it because there is too much temptation to buy a home, a car, or even a computer. There are also choices you need to make for your children and how to make their life easier.
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Instructions
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1
Buy a car, but make it a used car. If you are mechanically inclined you can update it and sell it and buy another until you get the car you really want.
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2
Acquire a home, any home. Make sure you can get it cheap so you can hoard more of your money. Try to get a fixer upper and fix it up yourself. No sense in paying someone else for work you can learn to do yourself.
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3
Figure out the tax breaks you can get. Making improvements to your home could qualify you for some tax breaks. Examine the tax laws yourself and find out what qualifies as a tax deduction.
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4
Sell your home after fixing it up. This will give you a return on the money you originally invested and make it easier to move up to the home you really want. If you reinvest the money immediately you won't have to claim it on your taxes.
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5
Repeat Steps 2 through 4 enough times so you can get your dream house without having to spend a lot of your money.
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6
Have kids so they will give you a break on your taxes. Make sure you have a few so you can recycle all the clothes that they will need. You can also appeal to your family and friends for hand-me-downs so you don't even have to outfit the first one.
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7
Recycle all those items that you can use again so you don't have to buy new ones. An example of this is aluminum foil--which can be washed and folded for reuse. Another example is using regular diapers, you don't have the expense of disposables or a diaper service. Make sure you hang them to dry--you don't want to use the dryer.
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8
Continue to invest your money into items that will make you a profit--such as buying and selling properties--and give you tax breaks--like a 401K and college funds for your children--and you will find everyone saying "what a miser he is" without scrimping on the essentials for yourself or your children.
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Tips & Warnings
The more you save the more you have--the miser credo.
Although you can't take it with you--you can try.
