Nice advice. I am also looking for a way to save money. I don't know why it is so easy to spend money for buying things that is not so necessary. While the things we need the most and needed big amount of money we feel so hard to do savings and the worst is in the end we take loans on banks. Need to change before it becomes a habit
I think it is a good start for all of us if we do not take any loans on the bank (except a possible mortgage) or use a credit card. This is actually the worst way to spend money because of the interest you have to pay. And even with regard to mortgages, please spend a lot of time looking for which kind of mortage is the best for YOU! Remember, what mortgage is the best for you according to the bank, often is not the best for you but the best one for the bank..
Nowadays also crowd-funding websites arise for providing people loans. Maybe we all should look more into those websites and leave banks as they are.
Credit cards are a death sentence. The best thing to do if you have a credit card with debt is to cut them up and stick to spending debit and cash only. It always cost way more money to pay for everything ever. If it were not needed to travel, I would not have one.
I definately agree with you, although the guarantees of using Credit Cards are nice. However, as this costs a premium, I would not suggest you to use one. In fact, most people are spending money with their CC which they don't even have: spend the money you have. The same applies for people loaning money to buy for example a car. Don't! Save money and buy a car with the money you own by yourself.
There is no need to drive the nicest or fastest cars. In fact, even a few dents in your car does not matter: this can save you thousands of dollars!
The thing about credit cards is that they offer rewards and cash back to the buyer, at the cost of a fee to the seller. So for me, I get cashback on all CC purchases, as well as additional insurance coverage and some other smaller benefits that probably aren't significant to most people (road side assistance and towing). I have my credit card set up to automatically be paid, so I never incur any interest, but benefit from the rewards. To your point though, for anyone not planning to pay off the full balance, a credit card is a terrible way to spend money, but as long as you always pay the full balance, there is a benefit to the buyer from the rewards programs.
In terms of cars, I agree there is no need to spend beyond your means, but as a car/motorcycle enthusiast, I have had great experiences in motorsports, that were very worth the cost to me. I never spent beyond my limit or went into debt. More recently I have an economy car, and rarely even drive anymore as I live in the city, but miss the excitement I used to experience earlier.
Its not about being greedy man, everybody wants to be rich. You're talking like you're not being greedy by having a job and stealing employment from someone else 
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