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Subject:  Re: focus this and next year on paying off debt? Date:  4/10/2015  9:34 AM
Author:  Jeanwa Number:  309152 of 312970

I have just paid off my main CC and I will take the challenge of monitoring it for 2 weeks to gauge how much I spend "food and etc."


The only spending you do is with CC? No debit card, no checks, no cash?

"Monitoring" it sounds like looking at it after it's spent.

The decision to spend needs to be before the money is spent. Do I really need this...If the answer is no. Don't buy it.

Whatever you do buy write it down. Every day! Keep a list.

Some friends (Don) of mine (over 60 years old) went to a budgeting class with a younger couple (in there late 20s) that needed to get a handle on their spending. The older couple paid for the class.

One of the things they had to do was to write down every thing they bought for a month. Don was surprised at how much his wife and him spent...trickling through their fingers. A coffee here, a book there, stop for pizza. He hadn't realize how much it added up.
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