Good morning! It's day two of "Spring Clean Your Budget!" Yesterday I talked about making a list of where your money is going.
Today I want to talk to you about priorities. Having a list of where your money is going, of where your spending your hard earned cash, is like a black and white picture of your priorities. Obviously you have to pay your mortgage or your rent. You have to put gas in your car, clothe your kids and feed your family. But where are some places you could cut back.
Are you spending a lot on entertainment like going out to eat or on cable when your trying to pay off debt? Those are not bad things, but when you have a bigger goal in mind, those are places you might want to cut back.
However, I know some of you have no where else to cut. Here is a great post about that from Money Saving Mom.
Are there some places you can cut back?