If you won $100,000 what would you do with it?
Pay off bills and mortgage, knowing you will not have much (if anything) left over for that trip to Disneyland or the new SUV you have been eyeing. Invest in a retirement plan and/or college fund, because the future is important Two words - shopping spree!!!!!
When you receive your credit card bill, you...
Look to see how much money you have left before you hit your credit limit... again Forget the "minimum payment due" amount, you pay off your entire balance Wonder how you ended up spending so much more money on your credit card than you thought.
At the end of the month you...
Are so out of money, you have to eat ramen noodles until payday. Are usually stretched, but know I have a money in the bank for splurging on the latest Brad Pitt movie or indulging in a grande mocha frappuccino at Starbucks. Budget carefully and know you will come out ahead more often than not, while putting 10% of your income into your savings account.
