Make mindful decisions about housing and transportation from "summary" of I Will Teach You to Be Rich, Second Edition by Ramit Sethi
When it comes to your housing and transportation, it's important to approach these decisions with mindfulness. Housing is often one of the biggest expenses in our budget, so it's crucial to consider your options carefully. Think about what you truly need in a living space – do you need a big house with a yard, or would a smaller apartment suffice? Consider factors like location, amenities, and cost when making this decision. Transportation is another area where people tend to overspend without thinking. Do you really need to have a brand-new car, or could you get by with a reliable used vehicle? Think about how much you actually use your car and whether you could save money by using public transportation, biking, or walking instead. When making decisions about housing and transportation, it's important to consider the long-term impact on your finances. A bigger house or a fancier car might seem appealing in the moment, but will they still be worth it years down the line? Think about how your choices in these ...
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