How Much Life Insurance Do I Need?
The Role Life Insurance Plays in Your Finances The purpose of life insurance is to...
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After the gluttony of the holidays, it’s no surprise that the word “cleanse” is floating around everywhere. While my opinions on food cleanses are fodder for a different post, I’m more apt to try a spending cleanse after the spend-y days of December.
Going on a spending cleanse doesn’t mean you don’t get to buy anything, it just means you’re limiting financial outlays to the bare necessities. There’s a difference — buying is picking up the things you need, like groceries, transportation, paying bills, etc. Spending is a choice to purchase something you don’t really need at that exact moment.
The bottom line is that mindless spending is a habit. It’s not to say that I’ll never buy myself anything fun again, I’m just trying to reign in the stuff collecting and instead set that money aside for my bigger life goals.
If it feels weird to go out without any real money, that’s the point — it’s supposed to be a bit extreme, just like drinking juice for three days makes it feel like three months since you’ve last chewed anything. I’m going to try it — my December credit card bill had me raiding my savings (#realtalk) and I’m even thinking of going on a total ban on clothes shopping until spring, but in the meantime, I’ll be getting creative in the kitchen (GrubHub is going to miss me!) and letting those books sit in my Amazon cart for a bit longer.
Disclaimer: The information in this article is not intended to encourage any lifestyle changes without careful consideration and consultation with a qualified professional. This article is for reference purposes only, is generic in nature, is not intended as individual advice and is not financial or legal advice.