10/29/2020
Hello Family and Friends,
I am always looking for ways to save money. Most of the time it just takes making better financial choices. Tiffany the Budgetnista often provides great FREE resources, tips and online courses/workshops. Check out her tip on purposeful spending below.
Peace, Love and Purposeful Spending
~Terrelle Tynes-Wilson
Time to woosah before the biggest spending season of the year...
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Ever wonder about my arm full of green bracelets?! Yep…those! *points to just about ANY pic of myself*
Before I head to the store and ball out (or sit at the computer and fill my online cart ), I have these visible reminders to check in with myself regarding my purchases…
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🤔Do I need it?
Identify and take care of your needs first (food, shelter, clothing, water, etc.).
🤔Do I love it?
Save your excess cash for the things you really, really love!!
🤔Do I like it?
Things you "like", don't have to become a purchase. If you don’t need it, or love it, then you should consider leaving it.
🤔Do I want it?
Most “wants” take up unnecessary space in the budget, taking away cash that could be used for your needs and the things you love.
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These simple questions have saved me huge bank…LIKE BIG MONEY. Why? Because spending money on likes or wants, means you’ll have less money for purchases that truly improve the quality of your life.
If needs are for PURPOSE and loves are for PASSION…then those want and like categories start to look like frivolous spending.
OKAY…I promise I won’t start preaching, but promise me that you’ll take a little time and truly think through and prioritize your spending.
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If you’re on board…type in the comments!
