Well, here we go again Charleston Real Estate Investors. This is the real estate entrepreneur, and I am going to give you just a short tidbit on a fun and easy way to save some money. At my house we have an allowance account. Just like you give your kids or you remember getting we put a bit of money in our account every week separate from all of our money and we build up the excess very quickly. We like to spend a good bit and we put $300 in our account every week. That is not saying that we couldnt easily live off of $200-$250 per week. Even dropping to $250 per week would save another $200 per month.
For us $300 allows us to spend $75 on gas between both vehicles, $100 on groceries, and $125 on miscellaneous. We can go to the movies at $20 a bunch of times, or go to the movies and buy a couple or really do whatever we want. It also aids us in not buying big stupid purchases that are caused by spontaneity. You know the things that you buy because the box looks cool. Well, check out our website at www.charlestonrealestateinvesting.com
Go out, make mistakes, and make some money!!! Thats what Im doing!
I just wanted to add a couple of things real quick. This $300 is just for my spending money. It includes things like movies, clothes, oil changes, and the like. It does not include things like business marketing materials, recurring phone bills, utility bills and the like. Of course this account is a goal oriented account and say we had some emergency we would of course use the money from one of our other accounts. Comment!
Comments(1)