My favorite episode of Sex and the City is literally a mini-class on women's finance! Here's part two:
Synopsis
"...After another failed relationship, she (Carrie) wonders: What's it all worth? ...On a shoe-shopping excursion with Miranda, Carrie realizes she's spent $40,000 on shoes."
Lesson number two: Find out where all your money goes (you know made some!).
For the longest time, I was not a fan of having a budget. Ick. Just the word sent horrifying images of want and cheapness through my mind. Then one day I was reading The Richest Man in Babylon by George S. Clason, and had an epiphany (doesn't happen often ladies..not the sharpest tool in the shed here! lol).
A budget is simply a plan for your money. That's it. It's knowing how much you have and making sure it gets where it needs to go. Hey- even I can do that! You know what I discovered? I bought enough Starbucks last year to cover a down payment on a house!!!
I signed up to MoneyPants.com, which is a simple and fun way to keep track of things each month. Some girls are completely organized about everything- some us of are not so much! Who you are will determine a lot of how you go about it. If you absolutely cannot keep track yourself, try hiring a bookkeeper to keep you accountable.
However you go about it- know where your money goes each month, and make sure you pay yourself so you have money to invest in your future!
Don't let this be your motto:
"I will literally be the old woman who lived in her shoes." - Carrie