Can I afford it????

Here is an interesting post from a blog that I read. It is called Tough Money Love, and the post is found here (http://toughmoneylove.com/2008/12/21/the-tough-money-love-can-i-afford-it-quiz/).

Have you ever asked if you can afford something? Here are 10 questions that will help you determine if you can, or if you shouldn't... Just a note... I LOVE number 1!!!!

1. If your credit score just moved higher than your net worth and you’re still celebrating, you can’t afford it.

2. If you worry about whether your paycheck or your rent check will win the race through your bank account, you can’t afford it.

3. If you have to pause before the purchase to consider which of your credit cards is still under the limit, you can’t afford it.

4. If you are counting on an income tax refund to balance your budget, you can’t afford it.

5. If your employer needs TARP funds to make payroll, you can’t afford it.

6. If you can’t afford health insurance, you can’t afford it.

7. If you are justifying your spending as being patriotic, you can’t afford it.

8. If you spent your Christmas bonus in November, you can’t afford it.

9. If you are a pension-less baby boomer living in fear of your 401(k) statement, you can’t afford it.

and finally,

10. If you asked Santa to bring you money for Christmas, you can’t afford it.

Good reading! You also might want to check out the ten signs of a normal financial life. (http://toughmoneylove.com/2008/08/13/ten-warning-signs-normal-financial-life/) Like I always say... why be normal???