It was either my Dad or Bing Crosby who said “Spend wisely and it will be like pennies from heaven.” Dad (or Bing) had it right. We budget with care. We have the proper mortgage to net income ratio. We passed on the convertible we really wanted and bought the mid-priced coupe instead. We’re afloat… but something still doesn’t feel right from a fiduciary standpoint. We should be able to save and invest more of what we make. The Business section of Gildshire Magazines was as perplexed as you were about the budget drain in our lives. We found out that the devil is in the small things.
1) The TV/Internet/Phone Triad of Doom: That beautiful flat-screen is a sight to behold. 152 inches of plasma joyfulness! And look at what you can watch on it! Did you know that besides Fox there is FX and FXX? Where will the Xs end? I have a zillion channels. I regularly watch about 12 of them.
2) Not Learning From the Past: At the end of last year I was caught by surprise. December rolled around and darned if there weren’t some folks around who thought that they should get presents! Too many times we forget that holidays, vacations, and birthdays are something that should be a line item in the budget every month. That way “Ho Ho Ho” doesn’t become “No No No” in December.