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Budget Basics, Part IV!

November 9th, 2006 at 08:29 pm

Small purchases can really add up. Don't believe me?

iTune songs = student loan payment
Purchasing 20 songs every month for a year totals $237.60.

Wii = rent
Those $50 video games don't play nice with budgets. One a month, and you're talking $600.

Pizza = groceries
Two $1.50 slices every Friday night for a year totals $156.

Fast food = phone bill
Addicted to Big Macs? At $2.90 once a month, that runs you about $34.80 a year. Now that's a lot of beef!

Nail polish = furniture
A $15 manicure 3 times a month chips $540 away from your budget every year.

Fancy dinner = car insurance
Dining out on the town once a week, at $20 a night, totals $1,040!

4 Responses to “Budget Basics, Part IV!”

  1. Broken Arrow Says:

    Oh yeah, little things really do add up, don't they!

    One of those very important lessons about personal financing:

    Don't nickel and dime yourself into the poor house. Stick Out Tongue

  2. Golbguru Says:

    Penny wise and pound foolish is foolish, but in the personal finance world, penny foolish, pound wise is also foolish Smile...well most of the times.

  3. jersey jen Says:

    * broken arrow

    that reminds me of a book Nickel and Dimed, very interesting read.

  4. jersey jen Says:

    * broken arrow, golbguru

    i don't mean to say that we should live on bread and water and cut out all of life's joy. perhaps just reserve the luxuries for special occasions, save as much as you can and be frugal as often as possible.

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