Everything in life, especially in your finances, comes down to the decisions you make. From the clothes you wear to work, what you are eating for lunch, or what to read to your kids at bedtime. Now think about your financial choices you have everyday. Do you have many? Most of us do!
EVERYTHING you do involves money, from taking vacations with your family, to taking your own lunch to work, to getting that new cell phone, to getting married and having a baby. Everything involves choices and we must learn to prioritize where our finances go so we do not get controlled by our financial situation!
We've all heard it before, TIME IS MONEY! Set priorities for what is important in your life. Do you cringe when you have to pay more money to get more minutes on your cell phone bill but do not hesitate when you pay $7 or $8 for fast food for lunch everyday at work? That $7 a day comes out to almost $150 a month for lunch! How much money would you be able to save if you packed lunch everyday to work?
Give this a try. Make yourself a financial journal. Starting tomorrow, save every single receipt and write down every purchase that you make for the next 30 days. Everything including your bills, meals, clothes, gas, EVERYTHING! Now at the end of the month, make some categorize and separate how much you spend on your various spendings. Seeing the actual numbers of where your money goes every month should definitely open your eyes to where you can start cutting back and saving. Until you finally see hard numbers of where your money is going, you will never be able to find out why you can't get out of debt or save money for yourself.
Track your finances for 30 days and once everything is categorized, spend the next 30 days being more aware of your finances. After that, spend one more month tracking your finances again. If everything works out, you should definitely see a difference in spending habits for yourself and some extra money in your wallet!
EVERYTHING you do involves money, from taking vacations with your family, to taking your own lunch to work, to getting that new cell phone, to getting married and having a baby. Everything involves choices and we must learn to prioritize where our finances go so we do not get controlled by our financial situation!
We've all heard it before, TIME IS MONEY! Set priorities for what is important in your life. Do you cringe when you have to pay more money to get more minutes on your cell phone bill but do not hesitate when you pay $7 or $8 for fast food for lunch everyday at work? That $7 a day comes out to almost $150 a month for lunch! How much money would you be able to save if you packed lunch everyday to work?
Give this a try. Make yourself a financial journal. Starting tomorrow, save every single receipt and write down every purchase that you make for the next 30 days. Everything including your bills, meals, clothes, gas, EVERYTHING! Now at the end of the month, make some categorize and separate how much you spend on your various spendings. Seeing the actual numbers of where your money goes every month should definitely open your eyes to where you can start cutting back and saving. Until you finally see hard numbers of where your money is going, you will never be able to find out why you can't get out of debt or save money for yourself.
Track your finances for 30 days and once everything is categorized, spend the next 30 days being more aware of your finances. After that, spend one more month tracking your finances again. If everything works out, you should definitely see a difference in spending habits for yourself and some extra money in your wallet!
No comments:
Post a Comment