A lot of us budget month-to-month, which means we often spend a little extra one month and tell ourselves that we'll make it up the next month. (Then the next month arrives and we tell ourselves we'll make it up the month after that, and so on.)
Tagged With spending money
On September 20, the Reserve Bank of Australia (RBA) will release a redesigned $10 banknote with new security features to prevent counterfeiting ranging from bird wings that flap to micro-printed poetry. This video explains everything you need to know about how these features work.
It takes time and discipline to develop better habits. While there are tricks that can help make those habits easier to form, we often throw money at the situation to try to make them stick.
Last year, the Reserve Bank of Australia (RBA) released a redesigned $5 banknote with new security features to prevent counterfitting and a controversial "tactile strip" depicting a bird and wattle plant. Now, it's the $10 note's turn.
Back in 2013, an irate motorist in Adelaide attempted to pay his traffic fine with nothing but loose change. The video of the incident went viral and online debate raged over whether the council was entitled to refuse the payment.
As we explained at the time, there are legal restrictions when it comes to paying for goods and services with coins - but how many is too many? This video has the answer.
Having a budget, in principle, means that you've set limits for how much money you'll spend on certain things. Instead, we often treat as an optional goal. Because, really, you can't stop yourself from spending money sometimes. Right?
There's nothing wrong with spending money -- that's what it's for, after all. It's easy to spend mindlessly, though. To get into the habit of spending with a purpose, ask yourself this question before you fork over the cash: how will the purchase improve your life?
While money may not be the key to happiness, it sure can help. A recent study suggests that the trick is to be true to yourself.
Money is a tool, not a goal, and you get more out of it when you spend it on the stuff that matters to you most. The problem is, it's easy to spend without giving it much thought. To get a better idea of your habits, try author Carl Richards' 30-day, three-second experiment.