Skip to comments.Dave Says: Here's the Reason I'm on the Planet
Posted on 03/13/2012 4:42:53 PM PDT by Altariel
I was wondering why you recommend doing a fresh budget every month. Once youve figured out your expenses and income, wont the same budget work month to month?
I understand what youre saying, but if you look closely at every month, youll see pretty quickly that theyre not all created equal in terms of expenses. On top of that, if you work a commission-based job, your monthly income will fluctuate throughout the year.
Now, there are some things that will remain pretty standard. A few things like your rent or mortgage payment will probably be the same month to month. But what about things like utilities and food? Chances are your electric or gas bills will be higher during certain months as you heat and cool your home depending on the weather. What about holidays and special occasions? Its likely youll end up spending more on food, gifts and related items around Thanksgiving and Christmas or other months when family and friends have birthdays and other events.
These are just a few of the reasons its a good idea to customize your budget every month. A good, accurate monthly budget should always reflect your reality, Kara. Not only will this give you a more realistic idea of where your money is going, but the knowledge also helps you control your money instead of it controlling you!
One of my husbands credit card bills was turned over to a collection agency. Theyve offered three different payment options. If we accept one of the options, does this mean the original creditor accepts the agreement as well?
In a situation like this, the collection agency either owns the debt outright or theyre directly representing the credit card company. This is pretty much standard operating procedure when someone has defaulted on a loan.
Id go ahead with the deal theyve offered that makes the most sense for you guys. Youll have a ding on your credit report, showing settlement on a defaulted credit card, but its really no big deal since youve already got a mark against you for having it turned over to collections.
Want another piece of advice? Never use credit cards again!
How do you know when youve found your true calling when it comes to your job or your career?
Ive met a few people whove had a spiritual experience in this area. Something has happened, almost like they were struck by lightning, and they knew what they were supposed to do with their lives. This isnt the normal way people come to realization about their futures, but it does happen from time to time.
Usually, I believe this kind of revelation starts out as a simple idea that gradually grows into a job and then into a career. Then, it evolves over time into a calling. Thats how I stepped into what Im doing today. I cant honestly tell you that when I started on radio, or began writing and teaching, that I knew it was Gods purpose for my life. But I felt the weight and the drawing of it, almost like a magnetic pull.
Ive been doing it for 20 years, so it definitely evolved over time into what it is today. Still, Im positive its the reason Im on this planet!
* For more financial help, please visit daveramsey.com.
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Wow, 2 pings in one day...I might spoil you all.
Thank you to Altariel for the heads up.
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