My sisters and I have realized that we lack a certain amount of financial responsibility. Though some of us are getting better than we used to be, there is still much room for improvement.
To assist us in this quest, we have started a new blog: Poor Hite.
Please follow our search for self-reliance and financial freedom.
To start this movement, I am stealing an idea from my friend, B. It is a Financial Fast. It is how I plan to save some money and see how much I frivolously spend...which I am sure is a lot.
The rules:
Spend no money...other than the necessities, of course. Necessities are defined as the following:
- rent/mortgage
- loan/car payments
- utilities/insurance
- gasoline
- groceries and personal necessities (i.e.-deodorant, tampons, Tucks pads, and Preparation-H)
THAT IS IT!!!!
No restaurants. No shopping. No stops at the 7-11. No movies. Nothing extra.
Now, there are some who say that is unrealistic. There may be a need to have a set amount of flex-cash for entertainment, etc.
I am kind of a purest and think that a true financial fast should be done without the flex cash.
I would like to start the Financial Fast as soon as possible. Any takers?
