JDgreen227
Super Member
I look back on the year and wonder where I spent it, but never over my entire life. Just going through my monthly bank statement overwhelms me!!!!!
Eddie
Eddie...I have kept a very detailed PAPER BUDGET since 1988...and can tell you how much I spent for the month of December 1992 on gasoline or how much my electric bill was in May of '98, or whatever....get this comparison:
Electric bill, May '89....$31...900 square foot house, electric water heater...same house in May '99 the same bill had gone to $63 a month....then I built on to enlarge the house to 2450 square feet and converted to a gas water heater...and the electric bill for May 2009 was $147 !!!!
People who fail to budget or don't keep track of their spending are simply clueless as to where their money goes...keeping a budget makes it REAL. BTW, I earned near a million dollars during my working career but the smartest thing I did with it was invest $150 grand into a 457K and $47 grand into SS...not that I had a choice about the latter.