Thursday, February 12, 2015

Spending too Much

Am I spending too much? Could I get away with spending more? Am I just wasting my money on
stupid things that I don't need?

I ask myself these questions regularly. The answers are normally yes, no, and definitely. I spend a lot of time working. So I have a decent amount of money. I've found that despite having a good amount of money saved, I have wasted a lot. I sat down one afternoon to try and figure out how much money I'd spent on junk. Let's just say that that number is higher than I would like to admit. I spent a lot of money on stupid things, and didn't realize it, because I was staying focused on the amount in my bank account. BIG MISTAKE!

When you're making money keep an eye on how much you're making. Give yourself a budget. It's okay to spend some money on junk. But don't let your hard earned money go to waste. Make sure that you're saving money, on top of paying all of your bills. Duh!

Ask yourself these questions when thinking about buying something, that might not be worth it. Do I need it? Will it matter that I bought this in 1 week? Will it matter that I bought this in 1 month? Will it matter that I bought this in 1 year? From the answers you come up with, decide if you will make the purchase.

Pay attention to the money that you're making. The money that is coming in. Don't focus on the amount in the bank, after you've already wasted part of it.

Dont be a copycat. Don't make the mistakes I do!

No comments:

Post a Comment