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When you have one thousand dollars in the bank what can you do with it? You could blow all of that on a new car, or take out a loan and buy an older one. That might be what your typical millennial would do, but that doesn’t mean you have to play by those rules.
If you follow these ten steps and have a little more patience than the average Millennial, then your money will work harder for you to create benefits beyond those imagined by the competition. The world is full of opportunities waiting for people who dare break the rules of common sense with their hard-earned cash and creative minds.
These ten steps will also help you to truly understand your money and will help you to get the most out it for your budget and plan.
1. Do Something That You Can’t Afford, But Will Be Worth It Later
Let’s say that you had the most expensive car ever made and wanted to buy a new one. It would be worth it later, right? What if you build a house instead of buying one (or paying interest on one)? You might have a nice home all paid off in thirty years with your thousand dollar savings. Or do something silly like spending every last dollar on a trip to Italy. Doing something that is expensive to do, but will be worth it later, is an excellent way to get into a…
