You and Money Archives - Page 8 of 8 - Journey To Financial Independence

Financial Independence: Think Differently

07/04/202007/05/2020Money Maroon

Money is emotional. The environment you are in can have a significant effect on how you approach and use money. One of the many actions that will continue to keep you from achieving your financial goals is the desire to show others that you have made it. It is only human nature to have this desire. However, if this innate desire is not controlled, it will create roadblocks to achieving financial independence. Think independently.

Think outside the box and achieve financial independence — Think outside the box to achieve financial independence

Be An Independent Thinker And Achieve Your Financial Goals

It is important to remember that financial independence, includes “independence”. To achieve financial independence, you must be an independent thinker. Further, you must also be able to act independently. Following the herd will not lead to financial freedom. Running with the herd will get you to the average:

Working until you are 65 with an underfunded retirement;
Keeping up with the Jones and having thousands in credit card debt;
Having a 30 year mortgage that is refinanced repeatedly; and
Having new vehicles every four to five years financed over a five to eight year term.

Following the herd is not a path to financial freedom. It is the path to a life of being financially dependent on your employer and being at the mercy of your creditors. Being apart of the herd is a sure-fire way to working for the rest of your life.

Financial Independence Requires Time And Consistency

To achieve financial freedom, adapt an independent mindset and take the road less traveled to achieve your financial goals. Living beneath your means, saving, and investing over time is the tried and proven way of achieving financial independence. The process is simple and straight forward. But, to achieve financial independence requires sacrifice, time and consistency. Achieving financial freedom requires discipline to live within your means without being affected by the actions of those around you.

Are You Willing To Make The Sacrifices Required To Achieve Financial Independence?

Think about things differently and achieve financial independence — Think differently

Look around, now focus on those who are truly financial independent. Very few are. If you take a close look at those around you, it will become very clear that being rich does not equate to financial freedom. Achieving financial independence requires not only earning money, but also being able to keep a high percentage of that money. Keeping a high proportion of money earned takes making sacrifices.

By thinking differently, it will be easy to understand that:

It is ok to have a paid off five year old car when your neighbor has a current year luxury vehicle;
Living in a small home and wearing the same set of clothing in an effort to payoff debts are ok; and
While it may be difficult, it is ok to forgo certain events/pleasures to stay within a predefined budget.

The above are all ok because building towards having several months of living expenses in the bank to fully fund an emergency fund and having investments, that are working while you are sleeping, are part of the journey of not being beholden to anyone financially.

Get Started On Your Journey To Financial Independence

As the saying goes, getting off the ground takes 80% of the energy while maintaining orbit takes 20%. To begin on the journey to financial independence takes 80% of the effort while maintaining your set route to achieve financial independence takes 20%. Get the figurative ball rolling Now!

Conclusion

Money is emotional, and the environment you are in can have a significant effect on how you approach and use money. One of the many actions that will continue to keep you from achieving your financial goals is the desire to show others that you have made it. It is only human nature to have this desire. However, if this innate desire is not controlled, it will create roadblocks to achieving financial independence. Think independently and achieve financial independence.

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Video Summary

Growing Your Own Produce And Financial Independence Pt:2

06/28/202005/10/2021Money Maroon

Growing your own produce is similar to growing wealth, it takes time and consistency. Both gardening and building wealth requires that initial thought to take action, and then acting to begin the process. Saving that first dollar is akin to purchasing that first seed. Planting the seed is like depositing that dollar into a bank/an investment account. Watering the seed is similar to adding funds to your accounts. With consistent watering and sunlight over time, a delicious fruit/vegetable/herb will grow for harvesting. Like the fruit/vegetable/herb, with consistent deposits and rebalancing over time, your bank/investment account will grow for your harvesting at the time of retirement.

As I grow my fruit/vegetable/herb garden, I cannot help but to think of the parallels between growing your own produce and building wealth.

The Idea

My family had the idea to begin growing our own vegetable and herbs for some time now. At the very least, we had the romanticized thought of waking up and picking our own tomatoes and peppers as needed. Further, have you seen the prices for produce in the supermarket lately? We also knew that by growing our own vegetables and herbs, we would begin to use the greenhouse that we have in our backyard. We would initially grow the fruit/vegetable/herb outside and as they grow, bring them into the greenhouse. Our thought was to prevent the birds and other animals from snacking on our vegetables.

On the journey to financial independence, we all begin with an initial thought of waking up and having our F.I.R.E number in the bank. We next turn to the why. We want to retire early to spend more time with family, travel the world or to be able to spend more time doing what we believe to be important. Freedom!!

And then there is the hard part, the how.

Taking The First Step

Once the thought of financial independence is solidified, how long did/will it take you to act? It is very likely that you did/will not act that day, or that month. While we all know that it is important to save and invest as early as possible to take advantage of compounding, we tend to delay. We use excuses such as: we do not have the money. This fallacy was discussed in The Journey To Financial Independence Is A Marathon, Not A Sprint. Further, because we know that it will take some time to achieve the end goal, we have difficulty starting on the journey to financial independence. We have difficulty with delayed gratification.

Like beginning the journey to financial independence, we did not begin gardening immediately, we delayed until we shamed ourselves into beginning. We got to the point of discussing each week, “we should purchase the seeds and plant them.” The next week “next week we will buy the seeds.” The next month, “we should really get this done.” The final straw, “if we do not plant now, we will miss the growing season.” Our prompt to act was the reality that we may miss the growing season. As such, we ventured out to get our seeds and growing pots and later ordered our greenhouse racks.

Like any great plan, the most difficulty part is beginning. Do not wait for a so call right time to begin, begin on the journey to financial independence now. The fact is, there is no better time than now. If you believe you do not have enough to save, finding a way to save $5, $10, or $100 now. Saving on a tight budget will teach you the discipline required to save $1,000, $10,000, or $100,000 later. Set up your saving account now. Build your emergency fund. Open a brokerage account now. Implement a plan to pay down debt now. Do it!

Growth

In growing your own produce, once we planted the seeds in our pots, to achieve the end goal of mature plants with fruit/vegetable/herb, we needed to consistently water our seedlings and expose them to enough sunlight. Every other day, we would water the seedlings in the morning. Over time, we began to see growth. Then peppers and tomatoes appeared as we continued to water and expose to sunlight.

Like our fruit/vegetable/herb, once we began the process of saving and investing, we had to perform consistent maintenance. We set up automatic contributions to both our saving and investment accounts. We actively paid down our debts and at times paid more than the minimum. Like the peppers and tomatoes, our money began to grow. Over time, our debt began to decrease and our wealth increased. While we are closer to financial independence, we have a long way to go. However, we have noticed a number of benefits.

Tangential Benefits

Gardening provides a number of tangential benefits. Growing your own produce can be a great family event. If you have little kids, this is the perfect way to introduce your kids to how fruits and herbs are grown and how they get to the supermarket. Further, this is one activity where little kids can participate in almost all activities. For example, planting seeds, watering the seeds, transferring the plants, harvesting the produce and eating the produce. It is also a great way to get your kids to eat vegetables. They are eating the vegetables that they themselves grew. Gardening is also a great exercise, it gets you off the couch, out of the house, and doing physical and mentally soothing activities outside.

Like gardening, there are real world benefits to beginning the journey to financial independence. The benefit of starting the journey to financial independence is the knowledge that you have an emergency fund and that the fund and your wealth are growing. Having money in the bank lowers financial stress, allows you to take advantage of opportunities and improves confidence. The confidence to take active steps in life to better yourself and financial position. These benefits will affect all aspects of your life, including your personal relationships and your mental health.

Conclusion

Growing your own produce is similar to growing wealth, it takes time and consistency. Both gardening and building wealth requires that initial thought to take action, and then acting to begin the process. Saving that first dollar is akin to purchasing that first seed. Planting the seed is like depositing that dollar in the bank/an investment account. Watering the seed is similar to adding funds to your accounts. With consistent watering and sunlight over time, a delicious fruit/vegetable/herb will grow for harvesting. Like the fruit/vegetable/herb, with consistent deposits and rebalancing over time, your bank/investment account will grow for your harvesting at the time of retirement.

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Grow Your Own Produce & Financial Independence

06/22/202005/10/2021Money Maroon

A key component of financial independence is the act of living below your means. Living below your means results from taking stock of your expenditures and cutting back on unnecessary spending. Two of the largest expenditures on a monthly basis is food and mortgage/rent. We often look at lowering our mortgage/rent, but what about what we spend on food? If you are able to reduce your expenditures at the supermarket, would you be closer to a lifestyle that accelerates your journey to financial independence? Consider adapting a farming to F.I.R.E approach, and grow your own produce.

Fresh Produce Is Expensive

Purchasing healthy and fresh foods are typically the most expensive portion of your supermarket expenditure. Typically, a mango will cost at least $1 per mango. What about green peppers ($1.30 each), cucumbers ($1 each), chives ($7 a bottle), orange ($1.50 each), grapes ($5/lb), pineapple ($3 each), water melon, ($6 each) avocados ($2.50 each), apples ($5/lb) and tomatoes ($5)? If you are practicing a healthily lifestyle, by the time you exit the produce section, you have spent over half your budget. Have you thought to grow your own produce or at least a portion?

Grow Your Own Produce

Based on where you are living, you may not have access to a large backyard, however, anyone can begin growing their own mint, watermelon, basil, chives, peppers or tomatoes inside. Your investment is the purchase of the seeds or small plants and water. If you have the room to do so, investigate growing mangos, avocados or oranges if you live in an area that does not freeze. Or invest in a greenhouse that may keep your plants warm year round.

For those who have fruit trees or have family members who have fruit trees, the cost of these fruits are the cost of walking outside to pick the fruit or the cost of postage (family members posting the fruits). Once mango/avocado/orange/certain peppers/mints are established, they reliably bear new fruits yearly with very little maintenance required. A little investment upfront, yields generational benefits.

The Benefits: Grow Your Own Produce

Imagine the savings if you invest a little time in beginning to grow a portion of your own foods, growing your own produce. While saving $5 here, $2 there and $10 over there on fruits, vegetables, and herbs may not seem like a lot, the small totals do add up. Consider how much you could save each visit to the supermarket. Then, multiply your total by months and years.

Do not only consider the savings that would be achieved, imagine the satisfaction. Imagine the access to fresh foods if you currently live in a food desert. Imagine the effects on your health.

While we are not encouraging you to quit your day job and become a farmer, we are encouraging you to take a step towards growing a fruit, vegetable or herb. If you like it, grow something else.

Conclusion

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The Journey To Financial Independence Is A Marathon, Not A Sprint

06/19/202009/20/2020Money Maroon

It is best to begin saving and investing as early as possible. The earlier you begin to save and invest, the more time you have to take advantage of compounding. It only makes sense, so while we can all appreciate this simple concept, why do we ignore our financial future until retirement? The journey to financial independence is a marathon, not a sprint. Begin the race today.

The reason we do not begin saving early is often because (1) we think we cannot begin saving because of lack of funds, (2) instant gratification or a combination of (1) and (2).

The Belief That You Do Not Have Enough To Save

Let us dispose of point 1. The thought that we cannot all begin to save “now” is often a fallacy. If you are without an income stream point (1) may be valid, however, this is usually not the case. No matter how little you earn, I can guarantee that if you look back over the past month, you have wasted more than $5. Whether it be on an event, food, dinks, or a random purchase that was not necessary. Saving can start small. Start small. Pay yourself first.

Instant Gratification

The issue we all tend to have with regard delaying saving, is one of instant gratification. Saving is boring, it is slow. If you are beginning at $0, growth will be incremental and slow. For example, if you are beginning the process of fully funding your emergency fund, then process can be a slow and painful process. Painful because to contribute to your emergency fund if you have not been doing so previously, you will now need to change your habits, make a sacrifice and deliberately save. If your aim is to save a year of income, let’s say $65,000, beginning to save will be painfully slow.

For example, If you begin by saving $500 per month, in 3 months, it is only $1500 without interest. In your mind, you are so far away from your total that it is inevitable that you will become discouraged. In 5 months you will have only saved $2500 without interest, still over $60,000 to go. At this point you may begin to think, what is the point? You may begin to believe that the sacrifices that you are making is too great. This is the point where many quit saving and revert to their old ways.

If you quit your savings plan, what you and many others fail to realize is that the math is simple and true. If you are saving $500 a month, that is $6,000 a year, that is $60,000 in 10 years, that is $120,000 in 20 years. None of the above includes the added compounding interest or the prospect of you getting a raise as you progress in your career, or investing a portion of your savings.

Because the math is so simple, if we are able to find easy ways to take our minds off the slow process, we will be able to make progress.

Set It And Forget It

To keep our minds off the slow process of accumulating wealth at the initial stages, it may be best to set it and forget it. For example, automatically deposit a portion of your income into a savings account. As this is an automatic process, this means that you will at times forget the process. When you remember this process, you will be surprised by the amount that have accumulated. The gratification of seeing this progress working will no doubt encourage you to continue the process. A feed forward cycle will emerge.

Dream big — Keep your eyes on the future and your goals

Further, money begets more money. This may be in the form of investing a portion of your savings or the general power of compounding. Your greatest asset in wealth building is time. Keep your eyes on the future and your goals. Think long term.

Take the first step today and begin saving for your future. Set up an automatic deposit of $5. If you are able to contribute more, do so and increase your contribution over time.

Conclusion

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Video Summary

Time Of Your Life: Time Is Your Greatest Asset

05/10/202011/24/2020Money Maroon

Your time is your greatest asset, so use it wisely. As the old saying goes, nothing can be said to be certain, except death and taxes. So each second that you waste is a second that you will never get back, but also, you are a second closer to not being here. While this is a morbid outlook on life, it can be used to inspire your actions and financial decisions. Life your best life and have the time of your life.

Questions To Answer

Ask yourself:

How am I spending my time on this planet?
How am I managing my most valuable asset?
Am I maximizing my time?

Once you ask yourself these questions, do you feel a need to change:

Your actions?
How you spend your free time?
Your career?
How you interact with your family?

Ask yourself these questions now, such that you can make necessary changes, because you will not get back the time lost.

Maximizing Your Time – Have The Time Of Your Life

I was somewhat of a late bloomer when it came to maximizing my time. It took until college for me to realize how much time I had wasted.

To help pay for my college costs, I did work study. My first work study position was terrible. While simple, it demanded total concentration as it was in the administration office and included filing documents. The major issue here, I had to focus on tasks for a defined period of time, I would thereafter have classes, then I had to study for those classes. There had to be a more efficient way.

My mind was blown after discussing my work study position with a friend who was managing a computer lab. In college, managing a computer lab meant watching over a computer lab and helping students troubleshoot issues that may occur at the computer lab. This was a perfect college position because it allowed for maximization of time. Why?

As a computer lab manager, you were able to watch over the computer lab and perform your own personal studies. As this was college, rarely did any student need help on how to log on or how to use the Microsoft applications that were loaded thereon. If there was a powerpoint presentation, it was only a matter of setting up the equipment, simple!

Now, because students rarely asked questions, with this work study position, you are able to study for classes, review notes and do homework while getting paid. I was quickly able to transfer to this new position with the recommendation of my friend.

I loved the job, and I would work hours that others would not because I understood what I was gaining. By having this position, I was able to get paid to study and do homework. That is what I call maximizing your time.

What About You?

What about you? How can you maximize your time? How about learning a new language or subject matter while at the gym or running. To give some context. While many are listening to music on their headphones while working out, why not try to learn a new language or listen to an ebook? In your down time, why not get into a new hobby to expand your mind or physical abilities? What can you do to maximize your time on this planet?

Note that maximizing your time can bring many financial rewards. By expanding your mind and physical abilities you may become more qualified for position. You may become more well rounded. You may be able to accelerate your career progress and outlook. Such career advancement may lead to (1) a higher salary, (2) you starting a new business, (3) you spending more time with family, and (4) you achieving financial independence. By taking simple steps, you can have the time of your life while developing spiritually and professionally.

No Need To Maximize Everything

While I encourage you to maximize your time, not everything should be rushed. For example, time with your love ones.

Let us look at the F.I.R.E movement. Many have developed working and spending habits such that they can retire early (As I have noted previously, many in the F.I.R.E movement have no intention of retiring). By maximizing your time, you may be able to advance your career, save more, and invest more. With these actions, you may be able to hit your F.I.R.E number and become financially independent. This may allow you to spend more time with your family and/or do tasks that you prefer.

Now, with more time with your family (if you like spending time with your family), when asked the below questions, you may think differently:

When asked:

How are you spending your time on this planet?
How are you managing your most valuable asset?
Are you maximizing your time?

The only change in your actions may be the thought that you should have done this sooner. Here, the journey to financial independence can be a journey to happiness.

Conclusion

Your time is your greatest asset, as such, you should use it wisely. As the old saying goes, nothing can be said to be certain, except death and taxes. So each second that you waste is a second that you will never get back, but also, you are a second closer to not being here. While this is a morbid outlook on life, it can be used to inspire your actions and financial decisions. Journey to financial independence. Life your best life and have the time of your life.

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Learn Lessons From Recessions

04/24/202005/09/2022Money Maroon

Changes

Learn lessons from recessions. Following the great recession, many Americans made a conscious decision that it was time to prepare for the next financial downturn. Many of these individuals actively or passively joined the Financially Independence Retire Early (“F.I.R.E”) movement. During the pursuit of F.I.R.E, these individuals cut back significantly on spending, saved an increased amount of their salary and invested.

Those Unprepared For Recessions

While many individuals made a conscious decision to change their life, others did not. Many framed the great recession as a once in a life time event and quickly began spending as they did previously. The prices and sizes of homes increased and the length of car loans approached five to seven years. We were riding the high of a decades long bull market. Each year the prediction of a market downturn came and past with new record highs in the stock market and record lows in unemployment.

However, this all came to a screeching halt. We now have a Covid-19 pandemic. Predictably, those who made financial changes are in a better position than those who did not.

F.I.R.E And Recessions

Over the last decade, as F.I.R.E came to the main stream, many in the media came out asking why? Others have announced that it was a futile fad. Some just did not understand why those in the prime of their careers would want to retire. Many further asserted that it would be dangerous to quit your job early. However, let me tell you a secret. Many in the F.I.R.E movement have no plan to retire in the traditional sense. Many plan to retire from their current jobs and instead focus on a passion. In many instances, these passions provide a sustainable income.

Being Prepared

Whether or not you have achieved F.I.R.E, on the path to F.I.R.E, or thinking about F.I.R.E, the Covid-19 pandemic has shown us why you should plan ahead and have a financial buffer. In times like these, those who have embraced the F.I.R.E movement are leaps and bounds ahead of the rest.

Those Who Have Hit Their F.I.R.E Number

Let us look at those who have hit their F.I.R.E number and have retired. With regard to investments, these individuals have investments that have no doubt reduced in value. For some, the drop is higher than that of 20%. However, as understood by many in the F.I.R.E movement, the stock market operates in cycle. Therefore, these individuals are concerned, however, they understand that the market will return.

A tenant of F.I.R.E is the emergency fund. Those who have hit their F.I.R.E number no doubt have at least six to twelve months of expense saved in liquid accounts. This is their safety net until the market rebounds.

Those On The Path To F.I.R.E

For those on the path to F.I.R.E, these individuals are still working, has been laid-off or furloughed. Like those who have hit their F.I.R.E number, those on the path to F.I.R.E commonly have investments. There is no doubt that their investment portfolio have taken a hit. These individuals also understand that the market operates in cycles. While they are alarmed by the investment portfolio losses, they understand that the stock market will recover. Further, the losses are locked in only if you sell your investments.

Importantly, these individuals have already build up their emergency fund or on the path to building this fund. Again, the emergency fund provides an advantage over the general public who generally cannot afford a $500 emergency expense.

Lesson

The lesson from the great recession and this current pandemic is simply, plan ahead. This pandemic will have a similar effect as the great recession. Some will begin to implement contingency plans to protect their families. They will live or continue to live below their means, save and invest. On the other hand, many will not learn a lesson, believe this will not happen again and return to living above their means and keeping up with the Jones.

Conclusion

Learn lessons from recessions such as the great recession and the Covid-19 pandemic. See financial downturns as an opportunity to begin the process or continue the process of building wealth and financial security. Journey to financial independence.

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Video Summary

Fear Of Money

03/01/202003/02/2020Money Maroon

Money is a difficult topic to talk about. Not because money is inherently bad, but because money is an instant mark by which we compare ourselves to others. To the few, money is viewed as a tool to get what they desire. To the masses, money is a scarce resource that must be guarded. Most have a fear of money, consciously or unconsciously.

The Have And The Have Nots

When addressing money, there are major differences between the wealthy and those without wealth. The wealthy sees money as a tool that is to be used. The more money they have access to, the more they can bend the world to their desires.

Consequences Of Having A Fear Of Money

While the wealthy view money as a tool, those without wealth fear money. Yes, they fear money. Many believe in the concept of “more money more problem.” Further, the masses have an unhealthy fear of not having money.

The Fear Of Not Having Money

While a healthy fear of not having money is a good motivator, an unhealthy fear of not having money is a problem. Why is this a problem? The fear of not having money can lead to a scarcity mindset. The belief that money is a limited resource, it is not.

Further, acting out of an unhealthy fear of not having money can lead to not allowing yourself to take risk to grow yourself or your business. An unhealthy fear of not having money can lead to lack of confidence and not standing up for yourself personally and/or professionally.

In this regard, the fear of not having money leads to an employee mindset. A mindset of working for someone else for a secure salary and not rocking the boat. This mindset is a danger to financial independence.

Let’s dig into the above statement with regard to the security of a salary position. A salary position is not a secure income source. With a salary position, you are giving your boss complete control over your financial life. The classical, putting all your eggs in one basket. Further, most employees are at-will employees and as such your company can fire you for any reason. Does that sound secure to you?

Embrace money and use money as a tool. Instead of having one salary position, invest in yourself and secure multiple income streams. Stop fearing not having money and take back control of your financial life from your boss.

Conclusion

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Recession Proof With An Emergency Fund

10/19/201903/12/2021Money Maroon

Recession fears are always just around the corner. Financial fears typically grow when volatility increases and consumer confidence falls. With memories of the 2008 financial crisis just below the surface, many Americans are wondering, how do I recession proof my journey to financial independence? To recession proof your financial situation, reinforce your emergency fund.

Cash And Your Emergency Fund

During any financial downturn, cash is king. Therefore, it is important to begin reinforcing your emergency fund. Most experts recommend having three months of living costs saved in a liquid account. This total is simply three times your average monthly costs (includes housing, dining, transportation, servicing debt and other monthly expenses). Consider keeping your emergency funds in a savings account, more preferable a high yield savings account or any account wherein you will have easy access to your money.

However, one size does not fit all. As such, a question to ask yourself is: if you lose your job, how long will it take for you to find a new job? If you are in a profession where the vetting period is in excess of three months, consider increasing your emergency found to at least six times monthly costs.

However, for comfort and piece of mind, consider having twelve times monthly costs. By having a years total costs, such a financial cushion will allow for flexibility if the unexpected occurs.

Most Americans Cannot Afford A $500 Emergency Without Going Into Debt

Taking into consideration the fact that most Americans cannot afford a $500 emergency without going into debt, if you are unable to achieve three times monthly cost, save whatever you can. The more you are able to save, the better prepared you are for any financial roadblocks.

Saving is an essential feature of financial independence. Saving takes patience and consistency, but provides peace of mind. After having a comfortable emergency fund, begin paying down your debt. If you lose your job, having to service debt during this period can detrimentally affect your situation. Therefore, where possible, pay down debt.

Conclusion

Recession fears are always just around the corner. Financial fears typically grow as volatility increases and consumer confidence falls. With memories of the 2008 financial crisis just below the surface, many Americans are wondering, how do I recession proof my journey to financial independence? To recession proof your journey to financial independence, reinforce your emergency fund and pay down debt.

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Be An Independent Thinker And Achieve Your Financial Goals

Financial Independence Requires Time And Consistency

Are You Willing To Make The Sacrifices Required To Achieve Financial Independence?

Get Started On Your Journey To Financial Independence

Conclusion

Video Summary

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The Idea

Taking The First Step

Growth

Tangential Benefits

Conclusion

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Fresh Produce Is Expensive

Grow Your Own Produce

The Benefits: Grow Your Own Produce

Conclusion

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The Belief That You Do Not Have Enough To Save

Instant Gratification

Set It And Forget It

Conclusion

Video Summary

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Questions To Answer

Maximizing Your Time – Have The Time Of Your Life

What About You?

No Need To Maximize Everything

Conclusion

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Changes

Those Unprepared For Recessions

F.I.R.E And Recessions

Being Prepared

Those Who Have Hit Their F.I.R.E Number

Those On The Path To F.I.R.E

Lesson

Conclusion

Video Summary

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The Have And The Have Nots

Consequences Of Having A Fear Of Money

More Money More Problems

The Fear Of Not Having Money

Conclusion

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Cash And Your Emergency Fund

Most Americans Cannot Afford A $500 Emergency Without Going Into Debt

Conclusion

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