Layout:
Home > Category: Uncategorized

Viewing the 'Uncategorized' Category

65 dollar challenge...

July 25th, 2011 at 06:04 am

Last week as I was sitting down analyzing all I had to pay in the next few months... School tuition, Disney Trip, Conference Costs etc. I started to get nervous. I would love to keep a minimum of five thousand dollars in the bank while being able to keep my credit cards with no balance and paying all of my bills on time. Truly it seemed impossible unless I started to get really good with money better than I've already been. So I had to set up some new boundaries. One I tried was giving my credit card to my boyfriend, taking 65 dollars in cash, and leaving my bank card at home. The 65 dollars was my allowance for the week for everything parking at work, food, anything I needed. I started last Tuesday after I arrived home from Providence and knew I was not going to get paid for another week. So far I've made it from last Tuesday until today which is technically Monday and still have 15 dollars left. Tomorrow is a day off and since it's supposed to rain I'm thinking I'll be spending most of the day at home if not all of it. I don't know if 65 is a reasonable spending amount or not for one week but I had to start somewhere I'm hoping I'm going to get really good at this and get it down to even cheaper but I guess we'll see. And hopefully I'll be able to reach the goals I made for myself.

: ) I'll let you know how it goes.... Tee.

Priorities what are yours?

July 22nd, 2011 at 10:56 pm

A comment on my last entry sparked some interest... What does everyone believe is the most important thing to do with their paychecks? I don't know about anyone else but after I started educating myself on finances my paycheck looked extremely measly when I learned everything I was supposed to be doing. Paying debts, saving at least ten percent, adding to a 403b, contributing to an IRA, saving for a house, developing an Emergency fund, and the list goes on... So just curious what financial goals are on the top of your list?