Wednesday, January 02, 2013
All this talk about "the fiscal cliff" and the possibility of another (!) Recession got me thinking about my finances in a more immediate way. Lately I have been concentrating so much more on what I'm saving and where (IRA, 401(k), annuities, bonds) for the long-term that I have ignored what I'm spending today. Also, the daunting bills attached to my mother's death have given me a "what the hell/I'm already in the hole" attitude.
But I'm almost out of "the hole" left by my mother's estate* and it's time to start behaving like a grown up. So one of my resolutions for 2013 is to bring my lunch to work at least once a week. I estimate that will save me approximately $500 over the year.
$500 in and of itself isn't that big a deal, I know. But it's a start. And it's daily reminder to keep an eye out for opportunities for austerity.
*Hopefully it will all be settled by the end of next month