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My One Money Advice

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The Digerati Life has tagged me to give my one piece of money advice. The meme was started by Moolanomy. He's already had the popular suggestion of "spend less then you earn." While that may be one of the best pieces of advice, I prefer to give some new or at least different advice. For No Credit Needed's Best Money Saving Tips, a previous meme, I suggested that you "pay yourself first". I'm not going to use either. I'm going to tap into one of my many sayings on the site. That advice is to simply, "save your pennies, while you strive to make more pennies." It's very close to "spend less than you earn", but it focuses more on making money, something that often gets overlooked.

Instead of tagging other people and collect likely inbound links from them, I'm going to end this branch here. When you think about it one person tagging another 3 or 4 has a multi-level nature to it. Since we know that these multi-level nature things eventually leave the person on the end without anyone to pass the baton to, I will fall on the sword and be that end. Or perhaps I'm just too Lazy to tag people... umm yeah it's probably the later...

Last updated on July 25, 2011.

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8 Responses to “My One Money Advice”

  1. I like how you gracefully bowed out of spreading this multi-level meme. :)

  2. Lazy Man says:

    Being Lazy has it’s advantages…

  3. Pinyo says:

    Lazy, thanks for the excellent MOMA advice. But, multi-level? You make me feel so Amway-ish. :-)

  4. […] Lazy Man and Money said, “save your pennies, while you strive to make more pennies“ […]

  5. Adam says:

    I believe you mean “spend less than you earn”, not “save less than you earn”.

  6. Lazy Man says:

    Thanks Adam. I’ve fixed it.

  7. JadeEJF says:

    Someone should write a list of tips for losing money ;) That might be more helpful! Something like this article: http://www.nuwireinvestor.com/articles/top-10-ways-to-lose-money-in-real-estate-51225.aspx , but less focused on real estate! You could start your own meme! And force it to branch out to the masses!

  8. […] Lazy Man and Money said, “save your pennies, while you strive to make more pennies“ […]

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