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Top 7 Actions to Ensure You Go Broke

by Sandra Simmons

Want to ensure you are broke and can't escape the economic trap? Study this list of the top 7 actions you can take to ensure you have NO MONEY and are living in poverty.

1. Deny yourself nothing; spend every dime you make on stuff whether you need it or not.

2. Spend all the money in your bank account and on your credit cards too. Borrow the money to cover any emergencies that come up.

3. Work to make just enough money to barely pay your bills and spend your free time out spending money. Don't worry for a second that the cost of living goes up every year.

4. Use your credit cards to pay for essential items like gas and groceries, and to do impulse shopping for things you want but don't need. Spend up to the limit on all of your credit cards.

5. When you pay your credit card bill, make the minimum payment, and don't stress out over the additional charges because you paid late or went over your card limit.

6. Don't put anything in a savings plan, and if you have a few bucks in one now, be sure and spend it shopping at your favorite store.

7. Rely on the Government and Social Security to take care of you when you can no longer work.

These 7 actions will ensure that you are broke and living at the poverty level. If you don't care that you'll constantly be worried about money and plagued with money problems, then you'll be able to spend those sleepless nights entertaining yourself by shopping on-line with your credit cards. Heaven forbid that you should be working on ways to take responsibility for your own financial survival instead of counting on someone else to support you financially. That's what family, friends and the Social Security system are for, right?

Now that I've given you all these tips about how to live broke and die penniless, it's only fair that I tell you that there is a money management system that you can use to control your income and debts to get on the road to financial freedom. Just in case you change your mind and decide you want to improve your financial condition, you can learn more about that in the other articles I've written.

Sandra Simmons, President of Money Management Solutions, has years of experience helping professionals and individuals manage their money to reach their financial goals. To find out about the Money Management Software she created, visit her website and watch the FREE 5-minute demo video at www.MoneyMgmtSolutions.com

Published April 13th, 2008

Filed in Finance

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