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Where can I find information about managing savings, and spending less?

Asked by poisonedantidote (21675points) July 2nd, 2011

Last year was a very bad year financially for me, but this year is great. I am literally earning money faster than I can spend it.

However, because I am earning so well, I am finding it very very hard to avoid “living the good life”. The temptation to spend when I know for a fact that there will be more money coming my way in just a couple of hours is very strong.

I don’t have any debt, I pay all my bills on time, I have money to spend, and all is cool. Just, I feel like I am on the border of wasting an oportunity to save, like a one hit wonder pop star that blows all his cash and then ends up broke when they had a chance to make something of them selves.

I am not some big wallstreet tycoon, in fact, some of you reading this are no doubt earning far more than me, but for me, and my standards, I’m earning a good 8 times more than I’m used to. I could do with some good advice.

Maybe typing out this question will serve as a confession and help me think more about saving, but I could use some info. I don’t have millions and millions to invest, so I don’t need a lawyer in the Caiman Islands just yet, but I certainly could put a few thousand in to something at the moment.

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