The other day I was looking at my finances and as many people try and budget. The thing is that sometimes there are months that you really don’t spend any money and other months you have surprises…in either scenario I have NO money.
Let’s take some of us that get paid every 2 weeks, now in my case and I am sure that many others experience this as well; I receive 3 pay checks in some months. Now the thing is on those months I expect to be able to put away all that check into savings, well I do, but then I end up needing to transfer money over to cover expenses, the thing is I don’t make any additional purchase that month, from the norm that is, and I still end up in the red.
“Where Does The Money Go”, I ask myself. I don’t understand why is it that I end up with no money like any other month and yet I get paid more, plus I don’t spend on anything else. Well, so I decided to get tough and live below my means, I decided to follow even to a stricter degree my last post, about “Living Below Your Means”. I said to myself it’s time to take away a few luxury items, for at least one full year and put away all the money I use to spend on those items, whether it was extra cable channels, daily coffee runs, those unnecessary cookies…I mean even my groceries will be audited…at least for one year and the most important thing of this all that I will be doing is that…I will start a spreadsheet and track the expenditures for each month…and see exactly what I spend and how much and where and whom and on-and-one.
My Perspective:
Start living below your means, start saving each month and start with $100 dollars the first year, $200 the second year, $300 the third year, $470 the fourth year and from then on. You need to think about the real important things in your life and think dearly about what you will be doing during your golden years…because I really don’t want to be working unless it is because I am helping someone on a part-time basis and it is a hobby or fun thing…or nothing at all. Anyhow, thanks for reading, till next time Latino Man signing off.
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