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    Erin Burt’s lessons from being broke

    Erin Burt wrote this great article for Kiplinger’s Magazine about how her experiences of being broke in her 20s positively impacted her money management habits.  I am hoping that similar lessons can be taken from the financial hardship that many US households find themselves in now.

    Among the lessons which Erin writes about:

    * Have a cushion to fall back on

    * Small sacrifices add up to big rewards

    Definitely worth reading…..

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    Pingback from » spending plans » Equity Design
    Time November 11, 2008 at 1:22 am

    [...] failure regarding a household’s finances is how well they control their spending”. In one blog post he points us in the direction of an interesting Kipplinger article on “six principles to a [...]

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