Money Matters
91. Tuck away a hundred dollars just in case.
Nearly two months ago I opened a high interest savings account and I've been slipping a few dollars into it here and there. Finally, I've got a hundred tucked away just in case. I'll continue to slip in a dollar here and a dollar there. The plan is to save for something big . . . like a notebook computer . . . or a trip . . . or a bicycle. My deal with myself is that I need to keep the hundred in there though as a base that never gets spent, unless it's an absolute emergency.
93. Pay cash for every purchase for a month.
My last debit card purchase happened June 13th at the Save-Easy. My last credit card purchase was early in May. I'm living cash 'n carry. I figure out how much I have to live off and I go to the bank machine and take it out. I find this helps me from buying things I really don't need. I'm less liable to spend my last 10 bucks on a dvd when it's in my wallet. And this has helped with my saving above.
Nearly two months ago I opened a high interest savings account and I've been slipping a few dollars into it here and there. Finally, I've got a hundred tucked away just in case. I'll continue to slip in a dollar here and a dollar there. The plan is to save for something big . . . like a notebook computer . . . or a trip . . . or a bicycle. My deal with myself is that I need to keep the hundred in there though as a base that never gets spent, unless it's an absolute emergency.
93. Pay cash for every purchase for a month.
My last debit card purchase happened June 13th at the Save-Easy. My last credit card purchase was early in May. I'm living cash 'n carry. I figure out how much I have to live off and I go to the bank machine and take it out. I find this helps me from buying things I really don't need. I'm less liable to spend my last 10 bucks on a dvd when it's in my wallet. And this has helped with my saving above.
Labels: fiancial freedom
2 Comments:
At 7/16/2006 12:14 a.m., Jennifer said…
Good job! Just out of curiousity?..... What constitutes an emergency? No food? No rent?
At 7/16/2006 12:32 a.m., Simply Kel said…
Rent would be an emergency. Food . . . not so much :-)
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