Budgeting in 2016 – An Update on the Five Dollar Jar

Last year Tech Support and I resolved to set tighter limits on our “frivolous” spending. We wanted to direct more money towards our two big financial goals – paying down the mortgage and traveling more. But we needed permission to buy ourselves the occasional gift or treat, so we didn’t snap at the daily restrictions and do something drastic, like, I don’t know, paying $10,000 for a real live unicorn.* This is how the Five Dollar Jar was born. At the beginning of each month, Tech Support deposited $50 in five dollar bills into two jam jars, and we were allowed to spend it […]

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