Record It

"How do you stay frugal without being miserly?  I don’t want to feel guilty every time I need to make a purchase.  At the same time, without a budget and limits, my bank account would soon be empty.  My solution to prevent overspending is sitting right next to my wallet.

In my wallet I keep several index cards.  Whenever I buy anything, I write down the date, what I purchased and how much it cost on the card.  It’s not an original idea by any means, but I’ve found it is incredibly useful both for avoiding post-purchase guilt and overspending."

This is a quote from a recent blog post by Scott H. Young.  He points out the importance of keeping record of your expenses.  The benefits include knowing where your money goes.  This, in turn, allows for greater use of money in the long run.

Financial woes take our eyes off our service to others.  Keep your finances in order and you'll be be able to continue Serving Strong!