Friday Finance Challenge

It’s Friday again already, can you believe it? And you know what that means … it’s time for another Friday Finance Challenge! I hope that everyone had fun making (or downloading) a budget sheet for yourself. I know that I had such a good time opening up Excel and clicking on the template button to make my budget sheet that I even went so far as to put in some numbers (I am so ahead of the curve). Doesn’t it make you all warm and fuzzy inside knowing that you have a budgeting sheet set up and ready to go? And don’t worry that you aren’t using it yet (and if you are, you are definitely an overachiever) that comes next.

I don’t think that anyone can be expected to make out and stick to a budget until they know exactly how much they bring in every couple of weeks (or every Friday) and how much they are spending. This week’s challenge is to write down everything that you spend this weekend, and if you are into that feeling of over-achievement, for the rest of the week. Every personal finance blog that I have looked at and every book I’ve read says that this is something that you should do anyway because it will open your eyes to what you are spending money on that you don’t need to be spending money on. Or just exactly how much you are overpaying on stuff that you could get on the cheap if you put forth a little more effort.

So there you go fellow pretty financiers … your Friday Finance Challenge. Go forth – spend – and save the receipt.