all tI recently read an article about feeling like a fraud in when it comes to you and your business. This article really hit home for me as I realized I am always recommending people go to a cash budget but here I am for the last few months using my credit card to get the points!
What a jerk.
So that decided it. The month of May is CASH ONLY in my house. Today I took a look at the budget and decided to get violent with my variable expenses. I cut almost all of them quite drastically! This month I am going to attempt to live on only $300 a week. That is gas, groceries, eating out, entertainment and those “other” categories.
ARE YOU UP FOR A BUDGETING CHALLENGE?
Well, are you? I am throwing down the gauntlet and challenging you to do the same thing! Now your budget can be different depending on what your variable expenses are but the point is to set a cash budget per week and try your best not to go over budget!
* You can’t give yourself a ridiculous amount to live on (high or low), it has to be reasonable.
* Keep receipts to track the spending.
* Be honest with yourself.
* When all the cash is gone, it is gone.
If you want to take part in the Cash Challenge just send me an email and we can support each other for the month of May!