Reorient Your Spending

A spending plan is an effective tool for controlling debt and serves as a financial guide. It lets you know if you are heading in the right direction and are on track to reach financial goals such as buying a home, sending a child to college, or preparing for retirement. In addition to being an effective financial guide, a spending plan allows you to measure your progress on a regular basis and implement changes as necessary.

How can you free up money, spend more wisely and reap the financial windfall? Break your bad spending habits. I’ve long believed it’s less about how much you make and more about what you do with what you make.

Checks- Superstore Infographic

Image courtesy of Checks Superstore

Blogger-in-Chief here at RetirementSavvy and author of Sin City Greed, Cream City Hustle and RENDEZVOUS WITH RETIREMENT: A Guide to Getting Fiscally Fit.


  1. What an awesome Infographic! Hopefully some of these numbers serve as a wake-up call for people to start tracking their spending! I knew the number spent on automobiles was high for most people, but hadn’t seen the actually statistics on it. $9,154 per year! That would make a huge dent in somebody’s financial well being. If you haven’t already, check out Mr. Money Mustache’s article on The True Cost of Commuting.

    Or if you want to save some time, LifeHacker put up an infographic with the numbers.

    • No doubt that you have to have a firm grasp on what you’re income and expenses before you improve your financial well-being. Thanks for the heads up on the two links … I’ll have to check ’em out.

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