Dreams often take money! So how do you get it? One way is to make more, but have you ever noticed how many people to make over $100,000.00 a year still don’t have anything left at the end of the month and if they lost their job they would be in dire straights in less than 6 weeks? Another way is to carefully guard what you spend money on and how you spend it. In the sales industry, there is a saying, “You make your money when you buy it”. It doesn’t matter if you are talking about houses, cars, furniture or spatulas. If you can buy it cheaply and re-sell it for more, you have a profit. So how do you apply that to your personal budget?

Example: You need to replace your dishwasher.


  1. Don’t replace it. Leave the corpse of a machine installed and pray it doesn’ t spring a leak and flood the floor causing thousands of dollars in damage.
  2. Go to an appliance store and buy a new one. You could go really cheap here and get one for about $400 or get a good one for $750 or a great one for over $1,000.
  3. Go to an outlet and buy a refurbished one. You can get a good one here for about $400 and a great one for about $700.
  4. Check out the paper/craigslist.org  or other publication for people selling a used one. Find someone who upgraded because they re-modeled the kitchen rather than because something was wrong with the machine. Great one, in the color we wanted that matched all of our other kitchen appliances – $150.00

Did we make money? No. But if you are budgeting $1,000 for replacing stuff this year in your home and now you can use $850 of that on something else instead of it being all gone, you are in better shape.

If you regularly do your homework instead of just getting the most convenient, you can save a lot of money toward making your dreams come true. Making more never hurts, but if you just spend it, you won’t be able to get ahead. Have fun with your budget. It isn’t a bad thing. Remember, you make it, so you control it…and that keeps finances from controlling you!


2 Responses to Start Making Money!

  1. Christina Ackerman says:

    Why not just fix the old one? Why would you have to dive straight into buying a new item instead of trying to fix the old one?

    I’m not certain where the “money making” is in this entry. Especially since all the ideas are about buying something. That’s quite Orwellian: you spend money to save money… Why not just forgo the spending and saving the money instead? That’s what we do and we have a pretty decent amount in savings now even though we don’t have a large income. For instance, I’m the only one working and I’m a teacher… Still, we live comfortably and manage to save up each month. In my budget, though, there’s no Orwellian plan of buying to save. It is simply about saving:-)

  2. Burl says:

    I should have included the “fix the old one cost” in the list of options. Thanks Christina! Sadly, the fix the old one was more than the cost of the new one. The point here is that while making more money is one way to live comfortably, buying for less is another way.

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