Sunday, July 24, 2011

Cleaning out the fridge

Have you ever reached the middle of the month and realise you are so broke you can hardly buy something from a R5 store? Yes well it happens all too often to me!

Other than that bad habit of spending every sent as it comes rolling in, I also tend to be able to survive very well on the back stock of the fridge. By the end of the month I am convinced I got my budget all figured out just to be trapped in the same position the next month.

I have noticed that the harder the economic pressure on our wallets, the less we try to save and the more we tend to spend on the small feel good items. It is s bad routine to fall into with nothing to show for it in the end! Rather get a savings account and put away at least R100 per month, research has shown that starting to save even just a little from your 20s will show much greater results than saving a greater amount from your 40s.

Why do we put ourselves through this pressure of spending like there is no tomorrow without thinking about the last day of the month?

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