My first deprivation

The first thing I am going to try is not spending my allowance if at all possible. As part of our budget, we allow ourselves money each week for any time we want to go to lunch, get Starbucks in the a.m., or whatever. I get $30 a week to basically blow, and I can’t have money without it burning a hole in my pocket.

Sometimes I spend it on a new (used) CD, sometimes I pay to park closer to work (I have to park a good distance away and ride a shuttle), sometimes I go to lunch with a coworker, sometimes I just blow it on who knows what. I already have my allowance for this week and had already spent most of it prior to deciding to do this, so that will have to start next week. But that is anywhere from $120-$150 a month that I can put aside to invest.

Now, I am only human, so even though I will be The Deprived Investor, I will occasionally have to treat myself. Even Dave Ramsey says you have to budget in money to blow, money to treat yourself, etc. I’ll just try to keep the spending to an absolute minimum.