Let Me Tell You a Story That Happens Millions of Times Each Week…

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It was Friday night when Jan and her friends went partying. The night turned out to be far more expensive than she had anticipated. It didn't matter; there was plenty of money in her account. Unfortunately by the middle of the week Jan's bank account was empty and there was nothing left to pay the bills. Jan had spent money she needed to keep for paying her bills.

John has been caught before so he worries about how much he can spend. As a result John misses out on enjoying the things he could have because he is never sure if he can afford them.

BOTH John's fear of running out of money and Jan's overspending can easily be fixed by having separate bank accounts for their “Bill Paying” and “Day-To-Day” Living.

Now go back to your list.

Do you have any expenses left? They are either expenses you are not sure where they belong or they are savings. That's right the third type of expenses we have are savings for tomorrow.

Savings are like bills, they need to be regular and for a purpose.

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