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Your Problem Is You Have Too Much Money

Yes, that right, you heard me. It's my problem too. And it's not that we are multi millionaires, or maybe you are. Let me rephrase: It's that we have too much access to our money. It is easy to fritter away on this and that, instead of tying it up in income producing assets.

So what do we do?

I can put my emergency fund in an account in another bank, and not carry the card with me. That way, I can get to it quickly if I need, but not so quickly if I feel the need to hit up that sale at Victoria's Secret.

If I have money set aside to pay bills with- here's a novel idea- I can pay the bills early!

I can give myself a weekly cash allowance, like Kimber has talked about, and not even carry my debit cards.

I can leave my kids at home when I go shopping- do you know how many extra things those guys toss in the cart?!

In the words of Pink, I'm my own worst enemy...how do I not let me get me?

What things do you do?

Posted by E on July 1, 2007 11:22 AM |

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Comments (1)

I could take a calculator to Costco, and add up purchases as I put them into the cart. Sounds scary, which means it'd probably work for me.

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