Last week I wrote about the party tithe and how I was going to take 10% of my net income and use it for whatever would give me pleasure. As it turned out, there wasn’t much that I wanted to spend my cash on. Suddenly the muffins I’d been buying quite regularly – with debit, credit or gift cards – lost their appeal. It was kind of weird. I’d walk by the Local Roast, look at what was on offer and walk on. The only thing that I ended up buying all week was a bar of Halvah.
I like halvah and it’s relatively good for you with all those sesame seeds, but I am trying to remember that too much of a good thing is not good. So I only buy this at my local Planet Organic store – and only when I need to get things there. (This week Kefir starter was the draw!) . I have to say that I really enjoyed it – but I know that’s because it’s not something I buy every day.
So, what happens to the leftovers of the party tithe? In the Bible, the party tithe was used only once a year. I’ve opted to keep the change in my wallet and I put the bills in my suitcase. That way I’ll have some “party money” for my next trip, which is coming up in April!
Part Two: (January 17, 2013)
I wrote this post last week, just before a huge paycheck which included a great many holiday hours. Let me tell you, its been a while since I had a paycheque over a $1000. Because I have two jobs, I do have the luxury of getting something in my bank account every week. This week that second paycheque was very small because I didn’t work over the Christmas break. Still, I am able to give, save and celebrate! For example, this week I matched the amount I put into my “Savings Game” account. The “party money” is only $24 this week, but since I haven’t been spending most of it anyways, this is not a big deal. It’s nice to be saving some of it to enjoy later when I visit my family!
All I can say just now is that I am enjoying this financial discipline. And I’m enjoying the benefits of being debt-free and able to do the things I really want to do.
If you have debt issues, here’s the system that helped me: Dave Ramsey’s Snowball I’ve also read and re-read his book, The Total Money Makeover which helped me create an emergency fund and continues to encourage me day to day.
What I’m learning now is to “party inside the lines” – using the 10% figure in cash to help me. It’s easy to go way outside the lines with lattes, smoothies from Jugo Juice and snacks here and there when they go on a debit card or plastic. This way I know where I am and what I want to spend it on!
Have a great day!