Tuesday, January 31, 2012
I can’t believe 2012 is already one-twelfth behind us! Are you still practicing your New Year’s Resolution you made 31 short days ago? Do you even remember what it was?
In my opinion, resolutions fail because we make them and forget about them. Why not look at the beginning of each month as a time to make New Month Resolutions – smaller, more attainable feats to reach each month instead of setting ourselves up for complete failure throughout the course of the year.
I thought January 31 would be a great time to look at my budget and see how I’m doing…what’s going on with my spending habits.
A reader introduced me to a great website, Mint.com. I used to be leery of sites like this due to fear of identity theft, but let’s face it – before long our bank account information is going to be bar-coded across our foreheads and scanned on Smart Phones during transactions, so I figured I might as well get with the program.
With one click of a button, Mint showed me a nifty pie chart with descriptions and percentages of where and what I’ve spent my money on over the last month…and it’s FREE!!!!
I was expecting to be shocked by the amount of money I spend on food & drinks expenses to be high, but what really surprised me was the fact that I spent $37.95 on cleaning my car. Really, Sarah? Really?
I also spent $19 on a gym membership that I used one day this month.
So, my goals for February are to cut down on the car washes (I think a quick, self-rinse will suffice in removing road salt) and cancel my gym membership that I never use. Those two things would save me $40 a month, totally $480 a year. That’s crazy!