I Smell Cakes and Candy

I don’t have any – but I do have a lot of great advice on how to make poor look pretty.

This is the best advice I give anyone in regards to finances.

First you need to determine your needs, vs your wants.

How do you discover that cause we all need everything?

Well if you are poor it comes easy – but for the rest – this might be actual work, but I make it easy.

So you are trying to figure out where to start with a budget because you need to save some money, or have something planned, and you are trying to determine what things you can keep, and what things you need to stop.

I will make it super easy for you.

Take the expense – and make it into an annual expense – and best believe you will be more than happy to trim some of that excess spending.

For example:

NAILS

Are you a woman who get’s her nails done every two weeks like clock work?

What does it cost you ANNUALLY to have those beautiful nails?

Now let’s go with the lower cost – 20.00 (average in the Tampa Bay Market for a basic fill).

There are 52 weeks in the year, so if you are getting them done every other week – cut that in half.

So now you have $20.00 x 26 fills = You just spent $520.00 annually on your nails, if you were to only spend 20.00 and we all know – you never just spend the $20.00 unless you absolutely have to.

That is an incredible amount of money on nails.  This is how I survive on minimal income.  I translate everything into annual costing – and I make my decisions based on those numbers.  Of course this is easier when you have no money, than when you do have have money.  If that is the case, you will need discipline as well, but annual calculations will assist by making you more inclined to cut off unnecessary expenses.

 

Happy Budgeting Bitches.