(as if you thought I was).
We recently got the bill for that little hospital stay a few weeks ago. Let's just say, we need to start pinching pennies, STAT! I'm so impressed and in aw of all you bloggers and real life friends out there who save like it's your job and don't really think much of it. Seriously, I applaud you.
I'm one of those frivolous spenders...sure I need another sweater from the LOFT, heck yes let's throw another few random groceries in the cart, dinner out? (I know we shouldn't, but okay!).
One of these days, I keep telling myself, I'll make enough $ to start saving because right now I only make enough to live. The truth is, "one of these days" IS NOT SOON ENOUGH. And the frivolous spending happens because I feel bad for myself that we can't afford bigger things (trip to Hawaii, a newish car, etc). Basically, it's a vicious cycle.
I mean, what the hell am I waiting for?
And because it's really been weighing on my mind this week, clearly it's an issue I've got to start working on.
So, here's the thing. By the end of February, I will ...
1. have set up a mint.com account for myself (and the manfriend if he so wishes) and will begin funneling all my finance info into that thing and begin understanding the tool.
2. have completed and filed my taxes (seriously, there's no reason for me to wait every year. I have no kids or properties to make things tricky.)
3. have created a budget for the manfriend and I (ex. 30% to mortgage, 30% to bills, 10% to groceries, 20% to savings, 10% fun). Our budgets don't have to follow the same amounts or areas, but will be focused on what each of us needs to put $ toward.
Sound like a good plan?
Jess at Makeunder My Life posted the process that her friend Cathy at Fiscally Chic took (from Jess's four step makeunder process) in getting her finances in order so that she and her husband could save for a down payment on a home. Reading their four step process combined with seeing a few thousand dollar medical bill really lit a fire under my rear.
Are you currently saving for anything big (or just to pay off some debt)? What is your strategy?