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Thursday, March 3, 2011

What's Keeping You From Saving Money?

Money Drainers

  There are many things we think are necessities, but when we get right down to it, it wouldn't kill us to live without them which means they are luxuries. Evaluate where your money is going by writing down everything you spend your money on for an entire month. Then decide if the places your money is disappearing to are really that important. 
Here are some starters:

Necessities
Electricity
Water
Mortgage
Car Payment

Luxuries
Cigarrettes
Alcohol
Cable 
Eating Out

  Even if you go a couple months without some of the luxuries and save for those months you'll be better off than if you hadn't.

1 comment:

  1. So true! Netflix has saved us a lot by not doing cable. And I am very fortunate that neither me or my hubby smokes, it's crazy how expensive they are now-a-days. Almost as bad as Starbucks! :P

    ReplyDelete

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