Friday, August 8, 2008

Spending More and Enjoying it less

MSN money has a good article on how repeat purchases give less satisfaction as the first time.

http://articles.moneycentral.msn.com/Investing/StockInvestingTrading/SpendingMoreAndEnjoyingLess.aspx

Tuesday, August 5, 2008

Fiscal Fast every month!

I am going to be doing 7 days of fiscal fasting every month. I will not do them all consecutively but randomly throughout the month.

For readers that do not know what a fiscal fast is, it is when you go a certain amount of time where you do not use any money for anything. I have already completed a fiscal fast in July, and I will be fasting for 7 days out of every month until I have no more debt.

I think that this is easily possible to accomplish in my situation. At school I am too far to go somewhere for lunch and Ive been cooking a lot more thanks to the newfound beauty of leftovers. This is all I have to do for 2 days during each week and its equal to a fiscal fast each month!

I challenge you to go 7 days out of the month where you do not spend any money. Its really not as hard as it seems and you will clearly see ways you can cut expenses and budget better.