DAY TWENTY TWO | Excellence in Personal Finances

WELCOME TO DAY TWENTY TWO | EXCELLENCE IN PERSONAL FINANCES
Post 2

Ross Buttenshaw is the director of ‘Christians Against Poverty’ (CAP). Ross will contribute a weekly article helping us Excel in our finances. You can find out more about CAP by visiting www.capaust.org

Don’t buy stuff – Remember there is only two ways to make your budget balance – spend less or earn more. Well you may no like this post because the only way to spend less is to STOP buying stuff! That’s it Stop it! We fill our lives with so much junk. We are consumers who have become consumed and as a result we lose control of our spending patterns.

Don’t get me wrong, I’m all for a day out shopping with the wife (actually that’s not true) but now is the time to plan ahead and decide how much you will allow yourself to spend – that’s called budgeting.

Here a great tip for you. If you get paid weekly, put aside something from each pay, into a separate account. Each time you go shopping just debit this account. ‘But I use my credit card’ I hear you say – Well that’s another post on advanced credit card usage but I’ll give you a sneak preview – it in involves scissors! You gasp in horror but you will return to hear the truth about credit cards.

Ross Buttenshaw – National Director
Christians Against Poverty www.capaust.org

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