12.08.2010

Funneling Money

It's no secret that "out of sight, out of mind" really works when you want to save money. For myself, personally, I spend money if I see it readily available and just sitting in my checking account. This is why I need to funnel all my money into different accounts so that I don't spend it all!

Here's a visual of where my money goes after each paycheck.


This way I don't feel guilty after I see the final number in my checking account. I also spend an unhealthy amount of time looking at my budget and tracking all my expenses.

1 comments:

fabulouslyfrugirl said...Best Blogger Tips[Reply to comment]Best Blogger Templates

Thanks for stopping by!

I am the same way. I automatically deposit money from my checking account to savings on a regular basis. I'm fairly gullible, so when I see that my checking is low, it's a sign that I need to tighten the spending reins.

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