That wasn’t very cash money of you.

 

What exactly does this phrase mean. Is it in regards to the way you are acting or does it have to do with how you are handling your money.

 

We are going to be talking about your money. While we go through the different scenarios and I want you to think if that was very cash money of me. We all make decisions about our money every day. Buying a slice of pizza to making a large purchase like a car or an outfit. We emphasize conscious spending and money habits. Saving a few bucks, a day can really add up over time so put that in your mind while we go though the scenarios.

 

I know it’s a meme that I am using to show you how money works but it’s a true statement. How would your life be if you made more conscious money decisions all the time? Compounding interest is your friend learn how to build your friendship and make it work for you

 

You work a daily 9 to 5 and every morning instead of making coffee at home you decide to leave a few minutes earlier and grab coffee on the way. You stop at the coffee shop get a coffee exactly the way you want it. You hand over the $4 and leave a little tip. You then decide you like this little habit of leaving a little earlier and grabbing coffee on the way. You do this every morning on the way to work. Is that very cash money of you? What do you think?

 

Here are the numbers from your $4 a day coffee.

You work 260 days a year out of the 365.

260 days times $4 is $1040 a year in just coffee. Over 5 years that equals $5200.

 

Imagine if you stuck that in an high interest account earning 4% interest. How much more money would you have saved. That coffee money with interest would have made you over 5 years $109. That doesn’t seem like a lot at the moment but compound that without adding another dollar over 10 years. Were you thinking maybe $6,000? What if I told you it was $7,915. All off of coffee money. So was getting coffee in the morning very cash money of you?

 

You go to the mall and have a budget for shopping. you need more clothes for work and that is your main focus. you pass by the show store and there are the perfect pair of sneakers for you. You try them on and man are they perfect. You whip out the credit card and next thing you know you have a new pair of kicks. You complete your shopping for your business attire and you stick tight to that budget. was buying the new sneakers cash money of you? Well the next question was the new pair of sneakers budgeted for you? If it was then congrats you did this correctly. If not shame on you, we are here to save moeny for our future. If you like the sneakers figure out the budget and where you can make he money work for the sneakers you wanted. We do not budget to deprive ourselves we budget to make sure we have the resources to get the things we like. So this is a toss up. If you save for an item you want and reach the goal the reward is so much more special then just getting it right away. Picture it this way how great is something you wait for when it happens. Like a certain food or activity. Some of us can not sleep at night waiting for what we want. Its the same with a budget done right it is such a great reward.

 

We all look to the past and become should heads. Stop that now, make a decision and start saving your money. That is what would be very cash money of you.

 

Need to know where to start try these links….

 

 

 

.