Magazine article Working Mother

Because You're Worth It

Magazine article Working Mother

Because You're Worth It

Article excerpt

Sacrificing working moms that we are, we may give up purchasing little pleasures when faced with paying down debt like credit cards (oh, those holiday gift tallies!), student loans and the mortgage. happy reality check: a few bucks a month for a few creature comforts may help you reduce debt faster, says Patricia Seaman, spokesperson for the national endowment for Financial education (neFe). it's like a diet-it's easier to stick with it longterm if you budget some calories for the occasional treat. allow yourself a few small splurges and you're less likely to rebel and "binge," or overspend out of frustration.

embrace your money values. we tend to spend (and overspend!) money according to personal priorities, says Seaman. neFe's research shows these values usually fall into four categories: social life, financial life, inner life and physical life. take a quiz at smartabout money.org/lifevalues to understand what matters most to you. then decide what treat purchases will truly satisfy.

Swap a "don't care" for a "must have." really like to look good (physical life)? tote bag lunches to work and put the savings toward a firstclass haircut and color. if your guy values time with his buds (social life), he may want to keep paying golf greens fees-but wash and press his own shirts. …

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