Why Should I Make a Budget?

Do you have a question? Post it now! No Registration Necessary

Translate This Thread From English to

You say you know where your money goes and you don?t need it all wr
itten down to keep up with it? I issue you this challenge. Keep track of ev
ery penny you spend for one month and I do mean every penny.

You will be shocked at what the itty-bitty expenses add up to. Take the tot
al you spent on just one unnecessary item for the month, multiply it by 12  
for months in a year and multiply the result by 5 to represent 5 years.

That is how much you could have saved AND drawn interest on in just five ye
ars. That, my friend, is the very reason all of us need a budget.

If we can get control of the small expenses that really don?t matte
r to the overall scheme of our lives, we can enjoy financial success.

The little things really do count. Cutting what you spend on lunch from fiv
e dollars a day to three dollars a day on every work day in a five day work
 week saves $10 a week? $40 a month? $480 a year? $
2400 in five years?.plus interest.

See what I mean? it really IS the little things and you still eat l
unch everyday AND that was only one place to save money in your daily livin
g without doing without one thing you really need. There are a lot of place
s to cut expenses if you look for them.    

Set some specific long term and short term goals. There are no wrong answer
s here. If it?s important to you, then it?s important perio

If you want to be able to make a down payment on a house, start a college f
und for your kids, buy a sports car, take a vacation to Aruba? anyt
hing? then that is your goal and your reason to get a handle on you
r financial situation now.

Read More!

Site Timeline