7 Cures to a Lean Purse 2

Yesterday we started on our journey to cure our lean purses with the Seven Cures to Lean Purse as postulated by George S. Clason in The Richest Man in Babylon. I do hope you enjoyed the read and you have put the first cure to practice.

If you have, then you are ready for the second cure which is this:

No. 2: Control thy Expenditure:

What each of us calls our "necessary expenses" will always grow to equal our incomes unleess we protest to the contrary. Just as weeds grows in the field wherever the farmer leaves space for their roots, even so freely do desires grow in men whenever there is possibility of their being gratified. Thy desires are a multitude and those that thou mayest gratify are but few.

Study thoughtfully thy accustomed habits of living. Herein may be most often found certain accepted expenses that may wisely be reduced or eliminated. Let thy motto be hundred percent of appreciated value demanded for each coin spent. Have a budget and stick religiously to it.

The second cure to a lean purse then is this: "Budget thy expenses that thou mayest have coins to pay for thy necessities, to pay for thy enjoyment and to gratify thy worthwhile desires without spending more than nine-tenth of thy earnings."

The purpose of a budget is to help thy purse to fatten. It is to assist thee to have thy necessities and insofar as attainable, thy other desires. It is to enable thee to realize thy most cherished desires by defending them from thy casual wishes.

It is therefore very essential that you keep a budget and stick to that budget. Avoid as much as possible impulse buying as it were for if your purse will fatten it depends on how much you can keep in it.

So there you are with the second cure to a lean purse: Control thy expenses. Practise it and make it your second nature. Until tomorrow, it's stay blessed and shalom.