April is the official National Financial Literacy Month. One money-managing attitude that has really helped me over the years is this: Money is money is money. It all spends the same. To help you embrace this attitude, do what I did and remove these terms from your financial vocabulary list. It really helped me clarify the concept.
Mad Money | Fun Money | Extra Money | Found Money | Bonus Money | Tax Refund Money
Money all spends the same. Or saves the same. Whatever your financial goals, your aim should be the same: spend less, save more. By keeping your expenses at the same level, even when your income increases, you’ll find yourself achieving your financial goals, sooner.
Did I miss any money terms? What terms does your money managing vocabulary include?