← 4/11: 11 Ways to Get Your Money Right for the New Year

car

By Elayne Fluker | Published January 9, 2011 | Full size is 1000 × 750 pixels

7) Stop buying up products that are going down: White says there are different paths to wealth, but one of the key changes we need to make as we enter this new year is to stop spending money on depreciating assets. “Stop on the cars, jewelry, frivolous vacations—until we have a nest egg. In a budget there is certainly room for these things but that shouldn’t be the majority of your budget—that is if you truly want to accumulate wealth."

7) Stop buying up products that are going down: White says there are different paths…