The “100% Personal Tax” Savings Trick

“Whenever you buy something that isn’t a necessity, you impose a 100% tax on yourself that goes toward your savings account. For example, if there is a Blu-Ray you want to buy on Amazon for $20, you have to have $40 to spend on it. $20 goes to the Blu-Ray and $20 goes to the savings account.” – SweatingTheBigStuff.com

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Photo cred: bp6316

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