Paul Squires is a father of two, multi-millionaire and author, with business in real estate and married for 16 years to wife Krys.
The family lives a simple life, having downsized their house from a larger wealthier home to a smaller home in a less affluent suburb.They prefer to stay home rather than going out and spending money, Paul owns a second-hand car, and the family all say they are happy.
Paul's main tips:
1. Write down everything you spend for three weeks.
2. Limit going out: if you go out, you'll spend money.
3. Collect your $2 coins, and every day put them in a washed out, empty soft drink or beer can. Don't touch it - when it's full, take it to the bank. You'll have around $600. This can be done every month (for double income earners) or once every 2-3 months.
4. Don't buy the kids lots of presents. If you want to mark special days, buy one present (not big). Want to spend? Spend time, not money, with your kids - it'll make them happier.
5. Have a weekly blackout. One night a week, to save money, don't use electricity. Forget Earth Hour, have Earth Night every week.
6. Avoid friends who make you spend money.
7. Don't buy brand-names, stay generic.
8. Ask for a discount whenever possible.
'''For more information, go to Paul Squires' website: www.wealthierthanyouthink.comThe book "Wealthier Than You Think" by Paul Squires is available for $24.95 at Angus and Robertson, Dymocks, Borders and other bookstores.'''