Nifty vs. Thrifty

Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Wednesday, March 10, 2010

Does money control you or do you control your money?

Well, I am on my way! I am motivated and determined to save money! I was talking to my friend one day and it occurred to me that she never seems totally stressed out about money. So, I asked her about it. She explained that she does in fact get stressed about money but she keeps 3 months of living expenses for her family in the bank so that if an unexpected expense comes up (and it always does) she is not too upset since she has a cushion.
Well, this started my quest to get some control over my spending. A few things occurred to me during this quest.
1. Saving money is just a practice of self discipline. I have lost weight before so I can do this too!
2. My happiness is not based on "things". I took a long look at my husband and my daughter playing together and I realized what makes me truly happy....those moments are truly priceless.
3. Asking "What is a need" vs. "What is a want?" I tend to make this idea complicated sometimes but it really isn't. If I stay in my budget and give myself a few wants than I will be heading in a good direction for our family budget.
4. Buying something on sale or using a coupon does not mean I am SAVING money. If I use a coupon for something that is a true NEED than I am saving, but if I use it for a hot pair of heels I am not SAVING money-I am spending it!

Well, so far so good. It hasn't been the most FUN quest in the world but nothing that builds character is "fun". I have sat down with my husband to go over finances and I'm really trying to seek ways to spend our money differently and more effectively. I want us to take control over our money and not have money control us. Stay tuned...