Financially Fit Friday: Time is Money

I realized that I haven't blogged about it, but I started the 21 day financial fast with my church on Monday. I actually started implementing some of the principles the week before which focused mainly on hitting the grocery store and cooking or preparing EVERY meal at home and only carrying cash for the things that must be purchased (except gas and groceries). That week I kept out $15 for my "discretionary" funds and spent $5 on some Bojangles (don't judge me). The rest went to tolls I think. So since February 21st I've been on the fast. I was talking with a co-worker last night about our use of the word "discretionary funds" because she uses it for food (she's fasting too). In actuality, if she's following the principles of the fast there are no discretionary funds. We are spending cash only on the things we need and since we aren't supposed to be eating out- then that money isn't for that. Instead its for money for the metro, or tolls, groceries and gas if you aren't using debit for that. I cheated the other night and went to dinner with my cousin because he was in town. I didn't pay, but I did consume. Back on track though.

Today's chapter in The Power to Prosper was about having a sense of entitlement to spend money and purchase things that we may really want and tend to justify by our hard work, etc. The author shared a tool that I wanted to share with you all that lets you see how much time you have to work to get the money for something you want or want to do. It is the "Time is Money" calculator. Give it a try, you might be surprised just how much you are working for that thing you deserve so much.

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