All of us have some type of bill. Whither it’s electric bill, credit card bill or grocery bill.
And a lot of us think that when we get a bill, it’s just a bill that we have, right? Wrong. Bills are not bills. There are two types of bills that we all have, one type of bill is called essential bill and the other is called non-essential bill. Let’s talk about the differences of these bills.
Before we go any further. I want to explain that, we all have different needs because of where we are in society. Sometimes it’s the people that surrounds us or because we support a family or what our world is like and treating us. When I speak about bills. Some essential bills can become non-essential bills and non-essential bills can become essential bills. But this is where you come in.
On a piece of paper, list all the bills that you have. I’m not saying to put a total to it. Just list it. Then take another piece of paper and draw a line in the middle of the paper. On the top in one column write Essential Bill and the other column write Non-Essential Bill. So you should have two pieces of paper, one with all your bills listed and the other with the two columns on it.
Let me define the bills. Essential Bills, that is something that will keep your basic living and personal growth going in life. These bills will always be with you no matter what you do in life. They are the bills that keep a comfort level with you and allow you to live a descent life. These are bills that whither you make no money or a lot money. You must pay. This is the reason why you work.
Non-Essential Bills, these are bills that you and are not necessary for you to pay. These bills should be and always will be temporary payment of some sort. These bills should have a timetable and should go away at some point in your life. You should never develop a list of these bills. Never because this is the reason why people keep working until the end of their lives because they keep paying non-essential bills.
Here is a list of essential bills. Now some people might have more depending on where they are in life. Remember that more may be added and some bills can be taken off. That is up to you but this will give you a basic understand on how bills stand at. Later I will list non-essential bills. Your essential bills are Electric bill, home gas bill, phone bill, grocery bill, medication bill, water bill, car gas bill, home insurance bill, car insurance bill, personal items bill, home maintenance bill and cleaning supplies bill for the home.
Your non-essential bills are credit card bill, phone bill, cable bill, car payment bill, mortgage, etc..
I lot of people argue with me on the non-essential bills list. Let me explain my position, if you are paying from something that is going to take years to pay off. It’s a non-essential bill. Because the interest is high on it or you are paying for something that should have been bought with cash right away. Now, I’ve made that mistake several times myself and I learned that, why am I charging for something I should have bought right off the bat. It’s like wasting money. Never use Credit Card. The interest alone can kill you and your wallet. So don’t do this. Yes you can avoid them. You’ve done it when you were young. You never had a credit card but you were able to buy what you wanted. Because you learned to save, save for the bike or new outfit. You still have those skills. We adults for get them when we grow up. But the skills are still there. You might have to think that way again. Yes, you can do it.
Cable bill is entertainment; you should not live on this type of entertainment. Did you know that the average American home spend about $125.00 a month on the cable bill, that $1,500.00 per year. Having cable on the TV is useless because when American’s watch TV they spend the majority of time watching only 4 channels and 99% of the time they are watching basic channels. $1,500.00 you can pay a lot of things off with this amount. If entertainment is what you need, watch your basics TV, read a book, spend the time with family and friends, sleep. We are all sleep deprive, take a walk.
Phone bill, now I have this on both list. One phone is a necessary and one is not necessary. Let me explain. Many years ago, I got a cell phone and a land phone. They both worked fine and I like having both. But as time progressed, my land phone never rang. I thought there is a problem. I was giving everyone involved with me my cell phone and never my land phone. For two years my land phone just sat there and I was wasting and throwing that money away every month. I know I had to stop this, so I did. Now I only have one phone and one number. That is all that is needed.
Car payment & mortgage, these bills take a long time to pay off but it can be done. I put them on the non-essential list because even though they take years to pay off and they do provide some type of value. But the value does not start until you pay them off. They can be paid off. The loan to this money is temporary not permanent. You must think of these bills as that. By thinking that way, you will be able to pay them off quicker than you think.
When it comes to essential bills, no matter how hard you fight it. You must have them if you want a comfortable life. You must keep cool in the summer, and warm in the winter. You have to do something to cook your meals or have freedom to feel good. Now these bills can be kept in control and you can do that but you have to figure out what is comfortable to you. I keep my thermostat at 75 year round some people 80. What ever you think is comfort.
I wanted to point this out because people don’t understand the difference of what is needed and what is not needed. This is a guide to help you understand of what you have to pay. Remember to work for what is essential in your life and what is not. By do so, you will have money to play with, save and able to buy for what you want. It’s all about cash.
I hope to share some insight and options that are available to you. If you are here, you are probably researching a way to change your future for the better. A lot of people are struggling with this waivering economy and looking to find a way to build a supplemental income. I know I was for several months on a search for an answer that would not take me away from my children at such young ages. 
