Why is it that I have five different places to spend each dollar that I earn?
My wife and I put together monthly budgets (get yours FREE by clicking HERE) and that means I get my spending money once per month.
By the end of the month, it is extremely rare for me to have money left! Why? Because, I am the spender of the family. Take for an example this month. I had $3 left on Monday. It left me by Tuesday. On Wednesday and Thursday, it was $0 expenditure days! It was impossible to overspend because we use cash envelopes! When the money is gone – it is GONE!
Some might say, "Joe, you are dad-blamed crazy! You have no debt except the mortgage and could easily increase your spending money. Why do you insist on living this way?!"
The reason? Jenn and I have some big huge dreams. Some of those dreams include paying cash for Melea's college, paying cash for her wedding, funding our retirement well, giving Melea a paid-for house to start life out with, and giving to some worthy causes that we really believe in!
Sure, I can bump up the spending money, but I will just be robbing myself of some of my future dreams!
I hate robbery and theft, and I REALLY HATE IT when I rob from myself!
So yesterday started a new month. I have money to spend again. Trust me, I am confident that I will spend 90% of it during this next week.
With all of that said, here is how I have planned to spend the money this month. By the way, I used the Mini-Budget to plan my Spending Money. You can get your FREE copy HERE.
I am so excited to be teaching the Financial Learning Experience in Canton, Georgia on Sunday! The first session has sold out, so I will be teaching the FLE twice! There are a few tickets remaining for the 1:00PM – 3:00PM session. You can obtain more information by clicking HERE.