We recently discussed the large bite that dining out can take from your budget but it doesn’t stop there. Oh no, not even close. Take a look at the following budget busters and think about changing them too. 1. Smoking: Coffin nails cost the serious smoker about $1,600 yearly. Not to mention turning your lungs the consistency of the track at Daytona after a long day of racing. If you want to ever be taken seriously as a thinking human being, give up this habit. 2. Drop the pop: We talked about this one already. Daily liquid sugar overdoses are about as good for your immune system as smoking is for your lungs. Have you noticed how expensive pop drinks are at your favorite fast food franchise? 3. Lattes: This fancy caffeine injections costs about $4. Is this a good business decision for the young wealth builder? We say no. 4. Turn off electronics: Ignore the computer geeks. It saves noticeable money to switch off the gadgets before going to bed or when you’re gone. Opt for energy star models when you can. 5. Television: Do you really watch all those extra channels in the nose bleed subscription and, if so, should you? Go with the basic package or, better yet, none at all. Crack a book and find some real entertainment. Seriously, you won’t die if the television is off. That’s probably about all the budget busting a person can be expected to handle in one sitting but we’re not done yet. Come back tomorrow, if you dare, for five more habits that are killing your budget. The Young Wealth Team

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Low Income Housing Could Mean High Profits

Get ‘em young, says Jason Hartman. In this case he’s referring to educating young income property investors about the Section 8 housing program before conventional wisdom scares them away. While some landlords fear venturing into this segment of the real estate industry due to a perceived increase in risk of...

Income Property Maintenance for Less

If you’re new to home ownership, act as a property manager, or have recently increased the number of properties you care for, you may find it overwhelming. Expenses can really add up, especially if you have a number of problems all at one time. Luckily, Jason Hartman’s team has a...

Why Investment Property is Better than a Basement

If you’ve ever been pressed for cash, you may have considered the option of taking on a roommate. Depending on your area and your home, this can raise a substantial amount of extra money every month, often helping to subsidize a mortgage payment that may otherwise be difficult to make....

To Sell or Hold Your Investment?

The problem with purchasing shares in a company (Jason Hartman recommends real estate as a safer and more profitable investment) is that companies lose market value, which means your investments lose money. Sadly, many of these companies never make a profit again, or make a profit that is (at best)...

Earn Passive Income

We’d all like to get rich quick, but as real estate guru Jason Hartman knows, it isn’t that simple. Building wealth takes a lot of hard work, knowledge, and time. Fortunately, there are ways to passively build income once you’ve put in the time. With these simple strategies, you’ll be...

Location, Location, Location

You?ve probably heard it a million times?the idea that location is everything, repeated in every context imaginable. But it happens that it is true, especially in the real estate industry. Whether you?re looking to rent or invest and rent a property out, there are several things Jason Hartman thinks you...

YW 43 – Extreme Entrepreneurship with Sheena Lindahl

Jason Hartman is joined by President and Co-Founder of Empact, Sheena Lindahl, to talk about the growth of entrepreneurship in young people and Empact’s Extreme Entrepreneurship Tour, which supports and showcases entrepreneurs age 30 and under. Sheena talks about the misperception that most entrepreneurial...

YW 42 – Success Growing Like a Weed with Matt Mickiewicz

On this episode, Jason Hartman interviews one of Forbes Magazine “30 under 30” entrepreneurs, Matt Mickiewicz, co-founder of popular websites SitePoint.com, 99designs.com, and most recently, Flippa.com.  Matt began his journey at around the age of 15, at the beginning of the dotcom boom, building websites as a hobby. He had...

YW 41 – Foundation for Economic Education with Lawrence Reed

On this episode of the Young Wealth Show, Jason talks with President of the Foundation for Economic Education, Lawrence Reed about economic issues, briefly discussing some of the policies of Grover Cleveland that were designed for the people rather than for the government, the entrepreneurial spirit of John D. Rockefeller,...

YW 40 – Afformations with Noah St. John

Jason Hartman is joined by productivity expert and best-selling author, Noah St. John, to talk about the difference between affirmations and afformations, and why affirmations often don’t produce the results we desire. Noah describes filling the brain with affirmations, such as “I am rich,” as trying to crowbar beliefs into...

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