Search Results for: blog tips for sticking to a financial diet

Financial Pitfalls: Discretionary Spending

The biggest financial pitfalls for most people happen in the areas of discretionary spending. Groceries, eating out, fun money and miscellaneous categories all fit into the discretionary spending category. It is important to control the amount you spend on these categories, because it can affect your budget and the money that you have. Here are five tips on controlling discretionary spending. 1) Switch to cash for these purchases. Once you have run out of money for the month, you quit spending. It will take discipline, but it will be worth it. You can end up saving a lot of money … Continue reading →

Marriage Choking Points: Dollar Signs

There are more important things in life than money. The trouble is, they all cost money! – Milton Berle When we fight over money, a large number of those disagreements usually occurs over what are referred to as a choke point. The choke point in a financial argument is when one partner or the other (or both) are spending money in amounts that the other thinks is unreasonable without consultation. For example, a husband comes home from work and shows off his new cell phone. It has an embedded camera and blue tooth capability. He would have picked up the … Continue reading →