By J. Money

Guest post by Ornella Grosz – who brings up a VERY good point about treating every dollar the same!  I completely SUCK at this myself, and often wonder if I’m missing on something important here, or if it actually helps me mentally?  Take a read and let us know what you think :))

Why is it that (sometimes) budgets don’t work? I think it’s because many of us set them up and never look at them again. We never evaluate them and see how we are affecting our overall financial health.  And even if we do, our life takes over and we succumb to temporary amnesia.  Without realizing it, here are a few reasons why smart people make bad spending decisions:

1. Not treating all dollars with the same value.

Here’s an example: A $100 under your mattress should constitute... More...