Counting Pennies

living on less and enjoying the ride

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Oct 23 2008

a wake up call

Published by dibocc at 1:53 pm under Uncategorized Edit This

I’ve been keeping track of every single penny I’m spending for the past three days. I haven’t had any big revelations yet, but that’s probably because I tend to be more conscious of my spending when I keep track of it. Maybe that’s the secret to spending less? In any case, I was reading some suggestions on how to spend less and I ran into a tip by Marcia Brixey, the author of The Money Therapist: A Woman’s Guide to Creating a Healthy Financial Life (Seal Press). Among other things, she suggests asking yourself “How many hours will I have to work to pay for this?” before you actually buy anything. Of all the suggestions I’ve seen out there, this is probably the one that hit home the most. May not be important if I’m buying something I must buy (like food or new shoes), but paying $50 for something I don’t really need or want or love, knowing it takes me up to three hours to actually earn that much, seems like a big big mistake.

Talk about putting things on perspective.  

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