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Something for nothing?

September 27th, 2008 | No Comments | Posted in Budgeting, Life Impact

no moneyRecently, we talked about the rising cost of food, and how companies were trying to keep prices lower, while still cutting costs. Today I ran across another article that plays on our emotions to encourage us to spend more.

We all like something for nothing, but how many of us have heard that “nothing is free” or “if it sounds too good to be true, it probably is”. When we are looking for ways to lower our spending we need to know the tricks being used to get you to fork over more of your hard earned money. My advice? Make a budget and stick to it. If you can justify a purchase without negatively impacting the rest of the budget, then go for it. Just remember two things: first, when you spend money on item A you are no longer able to spend that money on item B, it is gone and you have lost the opportunity to spend that money on something at a later time and second, you can only spend more money than budgeted if you lower the amount to spend in another category.

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