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Track Your Spending Challenge

Track your spending challenge

Ever wonder where all your money goes? You get paid one day and it’s gone a few days later. You paid some bills and grab something to eat and ran to Target…. where did it go??

Does this sound familiar to you? It sounds familiar to me and my family. We get paid one day and then poof it’s gone but you don’t know where it all went. What I failed to realize that those cups of Dunkin coffee and donuts or stops at Burger King all add up! Do you know what you spend your money on?

Yes, it is easy to say oh this is only a $1 or $2 so what’s the big deal. Well after 5 of those its only $1 adds up to $5 which enough to buy milk and bread for the week in my house. The coffee I love to grab with a bagel and donut on Saturday mornings… $8! If I bought coffee, bagels and cream cheese at the grocery store and brought them with me the break down would be about $2 for my breakfast. (I totally don’t need the donut and its an impulse buy every single week lol) I could use that other $6 towards groceries, gas or savings.

For one month, I am taking a little notebook that I bought a while ago (yes we have a collection of those that I wasted money on) and tracking where my spending goes every day. This will help me see, on paper, where the money goes and where I can cut back on spending.

I am breaking it down into 5 categories:

Household/Groceries (g)

House Bills (b)

Transportation/Gas (t)

Misc Spending (m)

Saving (s)

In my notebook, I will record day by day what I spend money on and use my codes to keep the categories straight. This way at the end of the week and month, I can easily track where the money is spent. At the end of the money, I will be putting this into a spreadsheet on my computer so that I can lay out my budget plans for next month. My goal is to add more into our savings for incidentals and vacations.

money

Check out my facebook page which will be updated on Sundays with my tracking numbers and watch where I am spening my money: Kaella Facebook Page

Are you ready to start tracking your spending and see where your money goes?

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5 Affirmations to Attract Money Into Your Life

NOT TO ACQUIRE.

I am a firm believer in the law of attraction and your thoughts attract what you do or don’t want into your life. That being said, your thought process attracts your income and abundance in your life. When you think about what you want to achieve in a positive way then positive things will happen.

Think about it… when you feel like you are drowning in debt and can’t keep up with your bills, all of your thoughts are on your debt and how you can’t pay your bills. If you think about how you make more than enough money to pay your bills or how you are able to pay your debt off with ease, you are putting a positive spin on a negative thing in your life.

Say you want to be a stay at home mom with your kids but you don’t think your family could afford. Think of a positive affirmation to say and write to yourself everyday about the situation. When your mind is thinking about this situation from a positive aspect, you open your mind and life up to other opportunities. Maybe a work at home position opens up for you. Maybe you find a way to budget and cut expenses to stay at home with the kids. The possibilities are endless when you think positively about it.

One way that I attract the things I want in my life is through affirmations. Every morning, I find or create an affirmation that aids in accomplishing my current goal(s). I will say this affirmation to myself throughout the day. When I have a negative thought come through, I need to consciously stop myself and think about my affirmation to turn myself around. Now, that part has been an ongoing work in progress because it is easy to let the negative thoughts swirl in your head before you realize you need to turn that thought process around.

Being a Work At Home Mom, I can feel the frustrations and financial burden of my household when I don’t bring in more income then we need to cover some of our bills. Suffering from depression and anxiety, I can let myself get pulled down by these feelings very easily. Affirmations have been a great way to release the negative and find the positive especially in this situation.

My current goal: pay off my medical bills from my pregnancy and birth. Since I had a high risk pregnancy and lost my insurance for a portion of that pregnancy, finally got insurance with a huge deductible ($7500) and gave birth on January 1st (new deductible kicked in), my medical bills are about $20k with some bills still trickling in 4 months later. This has been a huge hit on my credit report because I was on bed rest and couldn’t just pay the bills out of pocket and we want to buy a house next year. So it is time to clean up my credit and pay off these bills.

Here are my top 5 Affirmations that I use to help my mindset attract more money:

  1. Money Flows To Me From Multiple Sources Money Flows To Me From Multiple Sources

  2. I Feel Excited To Pay My Bills OffI Feel Excited To Pay My Bills Off

  3. I Now Attract An Abundance Of Money Into My LifeI Now Attract An Abundance Of Money

  4. Money Comes To Me Easily and EffortlesslyMoney Comes To Me Easily and Effortlessly

  5. I Am A Money MagnetI Am A Money Magnet

Since starting this journey, I have made a game plan of how I am paying off those bills (this is big for me because just looking at the bills made me want to run the other way), how I can cut down some of our excess spending to pay towards the debt and have seen more sales come in from business orders and yard sale sites. When I was dwelling on the negativity of the debt, I wasn’t getting anything accomplished but when I turned my thoughts into how I am paying off my debt, the good has flowed into my life.