Money

http://news.cnet.com/8301-1023_3-10261942-93.html People don’t value their money enough because it’s too easy to buy things। Websites have credit cards and billing addresses saved and all you have to do is push a button in order to buy things। It adds up and people spend their money too freely now rather than saving. I realized that since I’ve moved to NY I have been saving any money and decided to take some steps in order to start saving again. I think it’s important now more than ever to be careful with personal finances. If my income is going to disappear I don’t want to be the cause of it. So this is what I do. Every Friday I take money out of the bank, actually a pretty small amount considering. $20 goes to vacation savings and the rest is my spending money for the week which includes eating out, drinking, basically anything I want to buy that I don’t absolutely need and things that I buy when I’m hanging out with people. For things that are necessary, like food shopping or toiletries, I put on one of my cards. The kicker is that money for any extra shopping I want to do (clothes, make up, shoes, purses) comes from whatever is left over at the end of the week. If there is anything leftover at all, I put it aside and save it up. I was surprised how quickly the value of my money suddenly went up. I know it will take longer to save it up so I won’t buy a shirt unless I absolutely love and it was something that I intended on buying. There are no impulse purchases anymore. It may sound a little strict but it’s actually not that difficult. It just requires some planning and feels kind of like a game. Since I started this, maybe a month ago, I’ve finally been able to put some money back into my savings account.