Show me where you spend your money and I'll tell you what they are.
-James W. Frick
Plan YOUR work! Work YOUR Plan!
Thursday, January 19, 2012
Priorities. Where it all Starts
You know that decision you have to make when you want to buy something but you have to use that money for something else? You can choose to use that money for your needs or your wants. Of course, we all want to buy our wants but that little voice in the back of our thoughts telling us we have a need to take care of makes us feel guilty and most of us do the responsible thing. It's not always fun, but doing the right thing isn't always fun.
This struggle over our priorities...what we want vs. what we need. Sometimes we can squeeze alittle of what we want in with what we need, but most times we can't do this. So, what do we do?
We plan for what we need and save for what we want. Trust me, it makes those decisions so much easier when you have planned and budgeted for what you need and saved for what you want. You don't have to rob Peter to pay Paul all because you have set your priorities and planned, as best as you can.
If you follow this rule to the best of your abilities, you will start to see some small changes in your life and your finances.