One tool I use to boost my savings is extending the life of the products (“stuff”) I already have. It’s an exercise in prioritizing need versus want. And it almost always produces a huge return on investment compared to buying new. For example: If I can extend the life of clothing by patching it up – I’ll do it. If I can extend the life of a car or bike through maintenance and parts replacement – I’ll do it. If I can make something that looks embarrassingly old look really new – I’ll do it. If I can replace a
Extend the Useful Life of...
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[Read the rest of the story at 20somethingfinance.com]