KLE 31: The Power of 10-1-1-1-1
The enemy of any savings plan – even your Pay Yourself Twice savings plan (KLE27) – is impulse spending.
The enemy of impulse spending is:
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… chances are you won’t.
Dan (UK)
I could have cut that spending (mainly food and drink shopping bills) in half had I used your 10-1-1-1-1 table! I’ve printed and laminated the table, it’s in my wallet right now and ready for action!
Task 1: Select at least one or two random days from your One Time Budget (KLE25) and see how many things you would not have bought (or bought less of, or fewer of, or the cheaper one of, etc.) had you taken even 10 minutes ‘time out’?
