By Stas Bekman.
Published: 16 July 2006
Many things can be borrowed rather than bought. For example how many times have you re-read the books that you bought a while ago? What about those DVDs? Borrow those books and movies, from libraries, friends and neighbours instead. Or buy them at yard sales and thrift shops for 1/25th of the original price.
Do you like expensive magazines? Find a big bookshop with comfy armchairs and read it there and then put it back on a shelf. You are not only saving your money, you save trees too, since you aren't going to keep those magazines anyway.
You can borrow more than just entertainment material, you can borrow anything that you don't use very often. For example you can borrow instruments, and garden equipment.
You can even borrow a car if you aren't using it very often. Obviously you can borrow it from family, you can get a ride with someone else or use public transportation. But you can also join a car pool co-op, where you pay a very little price every month to cover insurance and maintenance costs and then you can share a fleet of cars with many other people.
Now calculate how much money you save every time you borrow instead of buying, and save this money away.