BecomingWhoYouWantToBe

These days people are just happy to have a job. Forget about raises and how about a 5% pay cut for your dedication and hard work. But we must do our best to find ways to make extra money and thrive when times are tough like they are today. You may have heard the saying that making money is like filling a bucket full of water and spending money are the leaks letting the water out. Were always on the lookout for ways to fill the buck and make more money but all too often were too busy to look carefully at the leaks that drain that money from our bucket. Here are some ideas that you can use to reduce those leaks and eliminate wasteful spending, leaving you with more money in your pocket at the end of the month.

If we want to find out if we can reduce our spending we must first get an accurate picture of how much we spend every month. Tracking your spending can seem like a daunting task but is fairly easy if you follow a few steps. If you can track your expenses on an Excel spreads then great otherwise a paper, pencil and calculator will work just fine. Begin by adding up all of your non-negotiable expenses which are expenses that occur such as mortgage or rent, utility bills, car payment etc. Then enter other recurring expenses such as health club memberships, magazine subscriptions, dining out, etc. Finally, add up all the miscellaneous expenses which can be the most surprising. Now that you have a complete list you can now prioritize and scrutinize what you really need versus things that are just conveniences.

Dining out can cause a huge leak In your bucket. Eating out often is convenient but VERY expensive. But don’t let the little things like morning coffee and pastries fool you, they are silent killers. For example, if you go to Starbucks latte every morning, as I have in the past, It doesn’t seem like much. But that expense alone is about $1000 per year. If you’re like me drastically reducing my dining expense stopped a huge leak in my bucket.

Recurring expenses can add up fast. The works cable TV packages, magazine subscriptions, health spa, and social clubs are just a few things that you should take a look at. You’ll be surprised how much you don’t really miss the things you cut out.

So if you can take an honest look at your expenses and make a few changes a little at a time you WILL find that you have more money at the end of the month. Reducing expenses has the same result as finding ways to make extra money.

Start making money tonight and fill your bucket by taking advantage of this internet income business and possibly make $3500+* per month, this is going to be the most critical mouse click you ever make. Also please take a look at this great article on ways to make extra money.