Sunday, February 12, 2012

You Have to Blow Your Money!

You Have to Blow Your Money!

By Keith Bunn Jr.
February 12, 2012

One of the things you have to do when you‘re trying to get out of debt is blow some money and this is especially key if you are married. Because lets face it folks, you’re going to blow money any way, you might as well plan on it and put it in your budget.
Having money budgeted to just blow on whatever is like grease in gears. It gives you the wiggle room to do some things. Now this doesn’t mean that you continue to misbehave with your money and buy a bunch a crap you don’t need, but it does allow you to buy a DVD or two, go out to eat once in a while, have a date night with your spouse.
Also, it is a good idea to give yourself some smaller goals to aim for in your overall goal of getting out of debt. To give you an example: maybe after paying off the first three debts you plan on going out to a nice dinner. Not too fancy but better than McDonalds. Each time you reach a smaller goal, make the next goal just a little bigger until you have reached your overall goal of being DEBT FREE. This will help you stay on track and not feel like a rat in a wheel. Just make sure these goals are not too expensive, you’re paying cash for them, and that they are a budgeted item in your budget.
  As with all my blog posts, and social media posts, I welcome any comments and feed back on the topics I write about. It is the only way you and I will learn more about our selves and each other, so ask away!

“If you aim at nothing, you’ll hit it every time.”
-      Zig Ziglar –

Checkout my website, Facebook, & Twitter pages as well. , , and!/Cavuscoaching

No comments:

Post a Comment