Surveillance: Day 93

We have been tracking the Suspects spending habits for the month of March. the criteria for this surveillance was as follows; what days were no spend days, what days did the suspect purchase food outside the grocery budget, what days did the suspect purchase items while tired and hurting; what days were items purchased strictly in impulse and what days were spent on Retail Therapy (suspect was in an angry mood).

Over the course of a thirty-one day period, we established that 12 days were spent on a “No Spend”, 9 days on food, 7 on tired/hurting, 4 days on impulse and 1 on an all out shoppalooza.

We will continue this type of surveillance for an additional sixty days to establish if the suspect has a pattern of spending during chronic illness flares, full moon madness or such.  Also, we have heard from the C.I. on this case that the suspect will be challenged with a “No Spend Online” in April.

 

*this type of post is a direct result of me watching too much NCIS on Netflix*

Gratuitous Self Promotion

Today, it’s all about me. Um, wait, this already about me. Ha! I wanted to show you a new page that has been added to Dragonfly Keep website. Years ago, I opened a virtual shop on Etsy called JJDouglasPaperCo. What started out as a site for handmade envelopes has morphed into a shop that carries all sorts of paper products and handmade goods.

You can access the new page here or click here for my Etsy shop it’s self.

Happy Shopping 🙂

Mission Report: Profiling The Suspect

Mission Status: Observation of Suspects Behavioral Attitudes in Spending

The gathered intelligence was that the Suspect would be participating in a No Spend Month in March. The suspect abruptly changed positions and that status abruptly changed. Through information from a Confidential Informant, we have ascertained that the Suspect is laying low. From what we obtained, is watching her money rather closely.  In the photographic evidence below we know for certain there has been a lull in our Suspects spending habits.

The evidence suggests that the Suspect is connecting her emotional status to how she spends. We witnessed the Suspect at two major big-box stores but arrived to home base with no new purchases.

We will continue surveillance at this time.

Light Green = No Money Spent; Pink = $ spent of food not made at home; Orange = $ spent while tired/in pain; Red = Impulse Purchase not on the 30 day wait list; Purple = all out shopapolooza

Cash Envie

Image by Roundicons, text by picmonkey

 

I wanted to share a few sources for cash envelopes with you all.  The most super easy way is to go to the local dollar store, buy a box of small envelopes, grab a pen, purchase, go home, write on envelopes and stuff with the cash. Done.

Buh….I’m a paperaddict…some of us might want to use stickers, washi and different colored pens…oh my.  Truth is, as with most things in life. you can make this system as simple or as complicated as you want.  Below are some of my favorite sources for setting up a cash envelope system.  From basic blank envelopes to an app created by Dave Ramsey’s group.  Click those links people!

For those who like to make your own, I used this tutorial to make tabs for my wallet – I laminated mine and used basic craft paper.

Or if you are very crafty & own a sticker maker, this is an awesome tutorial (and when you make your set, I’d like one to please!)

Lastly, for those who just don’t do paper and need an app for that, there is EveryDollar from the Dave Ramsey peeps!

For me, I’m sticking with the tabs and savings account.  It’s how I roll.

lissy

 

 

Mission Report: Cash Only Sucks

The first month of being cash only has come to an end and all I have to say is…can I get a do-over?

There is still a lot of growing pains with this new habit. What I did observe was my impulse purchasing went down. I tended to stay away from my usual websites by keeping a list of “wants” and talking myself out of items. I was very vigilant in writing down every penny in and every penny out.

The hurdle I still face is with the Sink Funds & Cash envelopes.  I did have the cash I needed, when I needed it, for the windshield wipers. However, some of that leftovers in that category went towards a trip to Hobby Lobby as well. Meh.

So what to do!? Frist, I am going to factor in an envelope category for “Mad Money”. This is the funds left over each pay period that will go towards this and when that is gone, it’s gone. So if the left overs are $10 or $50, that is what I get to spend. It may not be the best idea I have ever come up with but it will a good place to start.

I’m a spender, which is fine. Having a mad money category fulfills my need to spend and still feel good because all my bills are paid, I emergency money and 3% of my paycheck is being saved.  So it’s not all a loss!

Also, I wanted to share with you Rachel Cruze – the daughter of Dave Ramsey. She has her own book out and a great YouTube channel as well.  These little segments have been a great help for me – check her out here.

Any suggestions dear readers?

 

Operation: Cash Only

Talk about a Mission Impossible!

Yours truly is going cash only in 2017. There are myriad of reasons why but mostly I want to have a better understanding of managing my money, create a safety net for myself and learn to have an understanding of my wants and needs.

I spent some quality time over the last few months reviewing my spending, writing down every penny in and every penny out. This month I will be tackling the review of the last two months spending. This will allow me to know how much is spent on impulse purchases, how much is needed for gas and setting up electronic payments so I can back off from debit card spending.

This years monthly finance posts will be all about my journey to financial freedom.  Mission Plans are not top secret here. Those will be revealed next month…so stay tuned!

lissy.

I’m Crazy…

Now some of you will immediately have Patsy Cline enter your brain waves crooning ever so beautifully “I’m Crazy”. If you don’t who Patsy Cline is…then shame on you, shame on your family, shame on your cow.

Really what I’m trying to reference is the Albert Einstein quote for Insanity “doing the same thing over and over again expecting different results.” I totally could be the poster child for this campaign. As I delve into setting goals, I am searching and reviewing patterns that I have created for myself. A couple of really BIG issues have come out of my in-depth review that I’m having a hard time admitting to myself. You may have already known these about me but until I admit to myself – speaking to me about these issues would’ve been pointless.

Ok, here we go…Truth No 1 about me and money.  I never fully commit! There I said it. (and yes, I know, it goes into every area of my life!). I can speak all day about Dave Ramsey, cash flows and cash envelopes…but none of it will work for me if I’m not admitting that I’m fully committed to it.  Why do I still over spend…DEBIT CARD. My very own kryptonite.

Truth No 2 – I rob Peter to pay Paul. Every chance I get. This is the practice of let’s say, taking money from Emergency savings to purchase a luxury items or to have fun money. Money specifically set to aside for one purpose but used for other “non-essential” items. It is a bad habit.

With that being said, my goals for 2017 will be “How do I effectively change these habits” and “how will I track it?”

Hold on dear friend, it’s going to be a bumpy ride!

Money Truths

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Oh, I left ya hanging

I am a bad blogger girl. I totally started on the Spending Freeze only to take off on a Summer break. Naughty! eh…as you know, I will get there…eventually.

The first fifteen days were awesome. I was on track, bills only being paid and the occasional item from the grocery store.  Then, I had a flare.

As well all know by now, my addiction is money. I has it, I spend it.  With the triggers set off, I went cray cray. The last part of the month was a nightmare. What I learned is that my spending habits are triggered by boredom, pain, depression-like symptoms, and the “I just want to feel better” excuse.

In order to prepare myself for another round of this in March, I have to start dealing with these triggers now. So with a bit of research on the interwebs, I found an article on keeping a food mood tracker. (and I lost the source). The author suggested to add four labels for the degrees of eating…(n) for normal, (f) something fun, special occasion, (m) for mindless eating and (b) for a binge.

Princess Fergie (one of my fave peeps btw), once said, while being a brand ambassador for a weight loss company, that “once you get your weight in proper perspective, money then follows right behind it” (very, very, very loosely translated). This simple lettering system can help me with not only my food journal but my spending as well.

Beginning October 1st, I will have a separate passport sized expense tracker just for this newest challenge I have for myself.

What has worked for you to keep your spending in check?

Finance Tracking

Photo by Kaboompics.com