Page 103 -

TRUMP UNIVERSITY WEALTH BUILDING 101

If, however, you are among those people who require serious changes to
make my automatic money system work, don’t be discouraged. By deciding
to start, you are heading in to the right direction. Keep going! It is ultimately
your choice. I sincerely trust you decide to accept the short-term pain of
change rather than endure the long-term pain of fi nancial ruin.
Now let’s turn our attention to a few strategies that make this new money
system work in the easiest way possible.

Reduce Your Expenses

For the average family, it is often easier to reduce expenses than to increase
income. The objective here is to simplify your life, not make it more compli-
cated. Comb through your expenses. While looking through the old receipts,
notice how many purchases gave you little, or any, pleasure. Many people also

find they are paying for services they don’t really need.
Here are a few fast and easy ways to reduce expenses:

1. When you go shopping, leave your wallet at home. Browse before you
buy, and come back later; you’ll end up buying less.
2. Be aware of marketing techniques to get you to buy more. Take your
name off catalogue mailing lists, telephone lists, and e-mail lists.
3. Don’t buy from solicitors or donate to charities over the phone.
4. Get rid of ATM cards.
5. Never use “pay day” lenders.
6. Keep a written record of all expenses for 30 days.
7. Never pay full retail for anything.
8. Always ask for discounts, use two-for-one coupons, buy online, and
buy from classifi ed ads.
9. Spend half as much on Christmas presents.

10. Buy small business items at discount shops rather than at offi ce supply
stores.
11. Investigate phone carriers for calling interstate and overseas. Be aware

of when you use your cell phone, and the rates involved.
12. Research travel costs. Use Internet sites that offer advertised or “low-

bid” specials, or travel stand-by.

13. Borrow books from the library instead of buying them, and sell your
used books.
14. Do your grocery shopping once a week instead of impulsively and

unplanned. Use a prepared list. Buy generic and in-house brand gro-
cery lines if quality is the same.

80

8/23/07 3:12:53 PM
c09.indd 80 8/23/07 3:12:53 PM
c09.indd 80