Ever hear of the "latte factor?" It's basically how little charges everyday can add up to a lot at the end of the month. $4 a day on a latte on the way to work each morning doesn't seem like much but it adds up to $120 by the end of the month. Although I don't drink latte, I have found that my "latte-factor" is a combination of arts & craft items, home decor, fun creations on Etsy (gotta support those great artists ;) and little things here and there for the kids. Anyway, a little charge here and there for these items has been adding up.
In order to lower my charges I have made a conscious effort to find out when exactly my new credit card cycle begins and have vowed to not charge a thing unless it's food, dry-cleaning or gym. Food, diapers, etc. will be paid for with cash.
Today is day 4 and so far so good. I actually went into Hobby Lobby today and kept my wallet hidden in the car and just walked around. There were a handful of supplies & decor I would have bought but I held on.
No more frivolous charges this month!
This month I will be a "window-shopper."
2 comments:
I need to do something like this too. Hope you do well!
Thank you "The Style Mansion" and "WIN" for your support! So far it's going pretty well. All the best to you :)
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