This is not a money blog, and we're not financial advisers. But we can give familiar tips and suggestions to help get you thinking about this important part of your life. It's very likely that none of this information will be new to you, but sometimes reading about it a third or fourth or fifth time helps the message finally sink in.
Today's topic: awareness. We devote a lot of time to our romantic relationships, and our physical health. But many women don't pay attention to their financial health, and that's a mistake. The simple act of being aware of your spending habits can make a big difference in your bank account. How much did that mocha latte cost? What about those 2 new apps that you just downloaded? Sure, it may be just a few dollars here and there, but the little things really do add up.
When you are truly aware of how much you are spending, you can make informed decisions about where your hard-earned cash should go. Some people have a strict budget and log every penny they spend. Some put cash in envelopes each payday and when it's gone, they stop spending. It doesn't matter what method you use; what matters is that you PAY ATTENTION and adjust your spending accordingly.
You may discover that you're comfortable with drinking away $25-$35 of specialty coffee each week. Or you may decide to skip the coffee and put that money toward a nice dinner and movie with your sweetie each month, or a new pair of shoes that you've been eyeing.