It seems like a lot of people have many crazy and wicked ideas on how to save money. I particularly liked La Papilion's suggestion on going to Macs to store up on chilli and ketchup.
Anyway, I thought today was a good day to write about spending instead of saving.
Many people are adverse to the word SAVING.
The reason for that could be that they do not know what they are saving for or they just do not like their spending power to be limited.
That is why you do not get people who follow their monthly budgets. We all have budgets but we most probably can't stick to one (okay, perhaps those who go to Macs for chilli and ketchup top-ups are able to do so)
So let's turn the game around. Instead of asking you to stick to a budget...let's say that I am giving you $100 today and demand that you spend EVERY single cent, what would you spend it on?
This is basically what a budget is about. If your monthly budget for spending money is $3000, and saving the remainder(that is after excluding all your fixed expenses like mortgage loans and car loans), go and work out a daily budget for yourself and figure out how you are going to spend every single cent of that budget that you have given yourself.
Here is how I might spend that $100
1. $20 on a bottle of wine
2. $15 on a book to read
3. $40 for a nice dinner for two
4. $25 for some home accessories to make my home more homely and beautiful
Doesn't this way of thinking make budgeting much more fun? How would you spend yours?
For hours of enjoyment
ReplyDelete$12 on 2 beers
$10 on Fried Oyster, BBQ Stingray
$8 on my weekly dosage of trashy comics
And $70 left!
Do you know the reason why MacD doesn't hand out chilli and tomatoe sauce in packet form anymore?
ReplyDeleteThere are just too many La Papilion's out there. Just kidding
Beer, oysters and bbq stingray. Sounds really good!
ReplyDeleteNow we also know the reason why we don't get packet chilli sauce anymore...