Wednesday, January 19, 2011

Unconscious expenses

An unconscious expense is something you buy, without putting a lot of thought into it, and soon forget afterwards.
Like everything else you buy, unconscious expenses are bills that can be a potential source of income.

Cutting expenses is a more effective way to put money in your jeans but you first have to know where every penny goes. Keeping receipt, or entering your expenses in a notebook, can be good ways for you to keep track of where your money went.

Items on sales are often source of unconscious expenses. If it’s not an item, that you needed prior to the sale, don’t buy it. We can justify any buy we make, the best way, I found, not to buy unnecessary items is keeping a list of the things I need.

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