Posts Tagged ‘controlling your spending’

Millionaire Nurses-W-I-D-E Your Way to Wealth!

Monday, January 25th, 2010

Now you are thinking-”What in the world is Dr Dean talking about?”  WIDE your way to wealth, what does that mean.

What is one of the number one recommendations when trying to lose weight??? Writing down what you eat.

You can then figure out your calorie intake, and it also reminds you of all the times  you eat during the day-while busy with other activities.  It is like we think the calories don’t count, because we don’t realize we are eating, !!!

Everyone should, in their planned spending, have money for miscellaneous items, or needs that pop up day to day.  If not, you will never succeed with controlling  your spending. ‘ Cause I don’t care how intense you are about managing your money, you can’t predict the future.  But many of us, plan a reasonable amount, but then exceed it every month.

So try this technique  if you are having trouble keeping up with your miscellaneous planned spending.

Try Write-It -Down- all you spend money on for a two week period. Then-Evaluate (W-I-D-E).

This will accomplish two things:

  1. It will make you more aware of the spending that goes on daily, without conscious thought-the soda, or snack you bought because you were tired of working and needed a break.  The gadget, or top you walked by, that caught your eye, and you had to have it.
  2. You will help define your spending pattern, which will help you to prevent it.  If you always stop for a beer on Wednesday, because you deserve a break.  You have just had that egotistical doc, look down his long nose, over his readers, blaming you for a mistake HE made, and you just can’t take it anymore….  You can come up with another “reward” system, that doesn’t involve spending.

Analyzing your miscellaneous spending will help you control it.

So go forth and WIDE your way to wealth.

And don’t forget, to sign up for my free e-book, chock full of tips on saving you money today.  It will also be followed by an email mini-course on money management with tips on credit cards, banking, and other ways to save you money. So go here now and sign up-before you forget…