Debt Elimination and Lifestyle Change: A community blog

Linda Chavey writes about how to change your lifestyle habits in order to eliminate debt.

Do you want to lower your taxes?

Written by Linda Chavey, Community blogger | Jun 9, 2013 8:45 PM

I hate paying taxes. Unfortunately, they are necessary when buying consumer items. There is a way to cut down on taxes. Cut down on your purchases. Do you really need a new Coach purse, taxable clothing, new furniture, drapes, or cars? All of these things should be well-thought out, planned purchases. If you truly do not "need" it, do not buy it. 

I think of it this way: An acquaintance who happened to be extremely wealthy once told me that he finally bought new carpet after years of having the same carpet. The old carpet was over 30 years old but he kept it in good condition and it was still usable. He bought new carpeting and not even a week went by that something was spilled on it, resulting in a huge stain. He told me he wished he never replaced the carpet and missed his old carpet. If something happened to the old carpet, so be it. 

The moral of this post is: Do you really need all the extra items you have sitting in your house? Why not save time, money and TAXES and not buy them at all? 

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