The Latte

Cutting out the latte has become a budgeting flashpoint.

Some claim you must “CUT” the expense out of your budget. Think how much the $4 could climb when invested over thirty years, they cry.

Others say, “KEEP” your latte. It’s not a large enough expenditure to make a significant difference to your savings rate, they soothe.

Neither side is correct. Neither side is wrong.

It’s up to you…

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Our Desires

We sit down to budget in order to get a clear picture of our financial life.

What do you see when you look at your budget?

Do you see someone spending on things that are necessities?

Do you see someone spending on things that are fulfilling?

Do you see someone spending on things that will build toward something?

Or do you see someone…

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You and Your Budget Have the Same Goal

If budgets are the diets of financial planning, then why do we all have one, want to have one, know we should have one, have heard that we should have one? What’s the point, if we know we will only break them?

It’s simple. Even if we know the diet will fail, we realize we need something to get our eating back in line. Budgets get our spending back in line, after we’ve splurged for too long.

The longer we can keep to the budget, the better for our long-term success. But failing to keep to a budget doesn’t mean you should avoid one altogether.

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Introducing The Simple Money Mind

Here thoughts will be written.

Those written thoughts will discuss money.

But what discusses money will also often dovetail into broader life.

Money is simply a backdrop to life.

The thoughts won’t be deep. They won’t be detailed.

Instead, these shallow and un-detailed thoughts seek simplicity.

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