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1001 Ways to Cut Your Expenses
by Jonathan D. Pond
Product Group: Book
Publisher: Dell (1992-05-02)
ISBN: 0440504953
EAN: 9780440504955
Dewey Decimal #: 640.42
Binding/Media: Paperback - 288 pages
Edition: FIRST EDITIION
Release Date: 1992-05-02
SKU: 70915836
Condition: Used: Very Good
Comments: Sold with pride. No writing, no highlighting. Copy in very good condition with minimal reading wear.
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Editorial Reviews
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Product Description
One of America's most respected and renowned financial planners provides 1001 tips to help everyone--from CEOs to homemakers--save money. Learn which corners to cut in various areas of everyday life. Take the revealing self-test and assess where your money is being spent. Then allow the expert to guide you to the most effective and creative ways to save it.
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Customer Reviews
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The Author is a Moron
Rating  (1)
Date: 2010-07-13
Some of the author's "tips" were amazingly ludicrous, such as tip #329: Get a sex change operation (this is not a joke). Mr. Pond suggests that undergoing a sex change operation is a viable way to account for an allowable medical expense in order to save on income tax. Or how about tip #431: Fall in love with someone who is rich or affluent. Or maybe tip #434: Always use a condom. And how about tip #447: Never take financial responsibility for anything that eats. Clearly the author, Mr. Jonathan Pond, is a complete idiot, because he could have trimmed down the 1001 tips to one - that being the best way to save money in this miserable life is to end it. He appears to hate life, a sentiment easily grasped by the reader based on his so-called tips. I am very glad I bought this used and for less than a dollar. I will donate it to my fireplace in the coming winter, in order to save on heating expenses. That is tip #1002 and I give it to you free of charge.
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save your money
Rating (1)
Date: 2008-03-24
1 out of 3 customers found this reveiw helpful
These are just regurgitated obvious hints, most of which are impractical or not even feasable.
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This book is very misleading
Rating (1)
Date: 2007-04-23
1 out of 3 customers found this reveiw helpful
Generally speaking, some tips here work, some not so much, whilst others are good for a laugh.
The only situation where I found this book can be useful is when you have debt up to your a#s and need to pay it off fast. Then this book will be a good book for you to read. Reason: any money you can put toward debt reduction represents 100% risk free and tax free return on your investment (much like a strip bond). This could include mortgage debt as well.
In the real world this book is less than practical. For example, the book recommends invest your spare cash at a mutual fund. This is where you could get killed if you just blindly throw money at your fund without knowing what you are doing. How would you feel if you cut off the cap of your tooth paste to save a couple of penies, then at the end of a month finds out that you just lost 5% of your net worth in your mutual fund ?? If you are like most people I know, you might say something like this: well, I haven't lost any money because I have not sold, then a month later, you find out you lost another 3% ?? Say if I tell you we are going into a bear market, do you have the courage to short the market ?? how much are you willing to risk in your investment ?? What about giving to your local charities ?? THESE ARE THE REALITIES, folks, not how many pennies you can saved. Get used to it. The fact is, a skillful investor and / or trader can make the money 10 times more, much more so than the technics presented in this book.
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Not worth it
Rating (1)
Date: 2007-02-04
5 out of 7 customers found this reveiw helpful
I don't usually spend my time writing reviews, but after purchasing this book from a thrift store, I had to warn others.
I am always looking for books to teach me more ways to be frugal. I thought that with 1001 tips, there may be something for me to use.
Yikes. I couldn't even read the whole thing. When I read Marry someone rich, and Use your vacuum bags three times, I gave up.
While this may help people who never heard of the term frugal, for others who naturally practice frugality, the book is a waste of time.
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A Great Book for Someone who Really wants to start Saving
Rating  (5)
Date: 2006-10-18
10 out of 13 customers found this reveiw helpful
I was just telling a co-worker about a book I read in 1992 that changed my life and was the beggining of my wealth building story, and I went on Amazon for kicks to see if it was still listed, and here it is...1001 Ways to Cut Expenses". I am writing some 14 years later to let you know that as a 27 year old who had worked 3 years in NYC and living on negative cash flow versus my salary ($29k at the time out of college and about $50,000 at the time I read this bok), I decided it was time to start saving money. To say the book resonated with me is an understatement. I made it a huge game and really took it to the next level. In the following year, I saved alot. In the second year, I saved 80% of my income! I am writing because after reading many of the reviews, I see people find the tips not helpful, or unrealistic. Well...I did buy in bulk, and I did re-use my trash bags, and I re-soled shoes instead of buying new ones, and I kept my thormastat at the right level...etc....etc...etc. My favorite tip was cut open your toothpaste tube. You know, you can get almost an extra month worth of toothpaste that way? Sounds small I know, but you will save thousands per year but incorporating these practices. I put $1000 into a mutual fund, and began adding $15 per paycheck. I increased it with every pay raise, or each time I cut expenses. Four years later my $1000 had grown to $15,000!! It made me realize that systematic saving had more to do with building wealth than income or investing. The philosophy of this book became the cornerstone of my frugality. I have an incredible lifestyle now! I have an 8 figure Investment account, and never need to work again. You are correct is probably guessing that I earned a ton of money working...I did! I work hard, make alot of money...and save most of it! This year I have 40% of my pay automatically directed to savings vehichles like 401k and deffered comp plan. I would recomend this book to anyone who needs or wants to start saving money. You can bet your last dollar that those who gave negative reviews either make a big income, and just dont care about wasting money...or dont have a dime in the bank and just can't bare to go without their $4 latte or $130 per month cable bill with all the premium shows they NEVER watch! You can bet their are NOT multi millionaires!!! I plan to give this book to my children when they get out of college! Oh...and I still cut my toothpaste tube open!
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