Tuesday, November 22, 2005

Spending Overboard!!

I went over budget with my holiday spendings...I was pretty good at keeping track of my spending until about a month or two ago. Today, as I sat staring at the computer screen ....at my credit card balance, I realized how easily the eating out costs added up fast along with the holiday spending. I really need to bring food from home more often. I've been eating out everyday since I started this new job.

Thankfully, most of the balance will need to be paid next month and I'm hoping I can get some extra cash next month either from cash receivables or extra income. Either way, I won't be able to hit my savings goal for next month.

I definitely need to stop smoking....that's definitely been a drain...financially and in terms of health. It's been three days since I've touched a cigarrette. *sigh* :)


  1. Just for grins, you might calculate how much you spend on cigarettes every month and how much you'd have if you invested that monthly in a 9% (about the long term Stock Market return) investment from now until your retire.

    Should be an eye opener as to what this habit is financially costing you.

  2. Anonymous5:56 PM

    The Eye opener should come when you see the statistics of Tobacco related death. Might as well have rat poison in wine.

  3. Anon,

    Properly used, smoking could be a vital part of a well planned retirement strategy. My mother was the youngest of four and the only one who smoked. She died in her early 70's, while all three of her sibs lived into their mid to late 80's. As she had medical coverage, the smoking related health issues did not strain her finances, but living significantly longer certainly would have as her resouces were getting slim by the time she passed. Thus, good planning on her part and she got to enjoy cigarettes for over 60 years.

  4. Bel,

    Thanks for the last post..it definitely made a great point as well as had me laughing! I am still on counting the days that I have stopped smoking. Day by day!