Figuring Out What You Really Need
Financial planning applies to every aspects of our lives, not just retirement. As a matter of fact, the more we don't spend now on necessary household items, the more that is able to accumulate and grow in a ROTH, IRA or saving account. Let's face it, some household items are necessary, but most of them, especially those we use to clean every surface of our homes, are hardly necessary and a constant waste of money.
Madison Avenue is in business to promote products in such an appealing way that consumers are brainwashed into believing that they need and want the newest and the latest. The fact is, we don't. We don't need twenty different products to clean, and we don't need to buy grocery items the day we plan to use them. What we need to do is anticipate needs and prepare for them ahead of time. This not only includes household items, but laptops and televisions that have a much higher price tag and are also used on a daily basis.
According to the U.S. Department of Labor, Americans spent between $659 to $1,153 a year on household supplies. This is a wasteful and unnecessary expenditure that pumps tons of chemicals into our water supply and creates and aggravates respiratory and skin health conditions. The best products for living green and still getting the best cleaning results are easily found in your kitchen or laundry room. They cost pennies per month to make.