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Money drains

Reading personal finance articles every day can make you start to rethink every single piece of your financial life. I know that I’ve questioned myself sometimes about my own purchases. Do I really need this book? Or that cup of coffee? Maybe I can skip lunch with my friends and just get some fast food? Options like this can start to rack up until you question every single thing you do.

I just read an article about the top ten money drains at Bankrate.com, in which the author talks about expenses that can quickly add up. After looking at lists like these, it becomes natural to just think that you are doing everything wrong, especially if you buy coffee a lot or enjoy eating out.

The point of this sort of article, however, is not to chastise you for doing things that you enjoy. It’s to remind you not to do them too often! It’s not a bad thing if you like buying new shoes or getting a manicure, as long as you do it in moderation. As I wrote in my coffee article, buying coffee every day is incredibly expensive, but buying it once or twice a week isn’t that bad.

Just remember—everything in moderation. Follow that rule, and you’ll notice that your financial problems—indeed, most of your problems—will just start to work out.

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