Monday, June 15, 2009

How come had better I build a Budget?


How come had better I build a Budget?


You pronounce you acknowledge wherever your money becomes and you don’t ask it all written down to keep up with it? I issue you this challenge. Keep back track by every cent you expend for one month and I do base every cent.
You'll be outraged at what the itty-bitty expenses add up to. Take the total 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 may have saved AND drawn interest on in just five years. That, my friend, is the very reason all of us need a budget.

Whenever we can get control of the small expenses that really don’t matter to the overall scheme of our lives, we can enjoy financial success.

The little affairs actually do count. Cutting what you spend on lunch from five dollars a day to three dollars a day on every work day in a five day work week carries through $ten a week… $40 a month… $480 a year… $2400 in five years….plus interest.

Assure what I mean… it really IS the little things and you still eat lunch everyday AND that was only one place to save money in your daily living without acting without one thing you really need. There are a lot of places to cut expenses if you look for them.  

Adjust a few specific long term and short term goals. There are no wrong answers here. If it’s important to you, then it’s important period.

Whenever you want to be able to make a deposit on a house, start a college fund for your kids, buy a sports car, take a holiday to Aruba… anything… then that is your destination and your reason to get a manage on your financial position today.

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