discovered that few people
were actually using the coffee
service they paid for. This
money was being wasted for
years, but it took the downturn
for anyone to realize it.
Knowing what money flows
in and out of your household
is super-helpful to prepare
you for any changes that
may come your way because
you’ll be more easily able
to assess whether you’re
spending money on things you
truly value. You’ll also have
a much easier time making
adjustments if your financial
situation changes.
82 | Eydis Magazine
WHEN THE STORM
IS COMING, PUT
YOUR MONEY WHERE
YOUR MOUTH (AND
VALUE SYSTEM) IS
greatly value and you plan to
help pay for your kids’ college
costs, are you allocating
enough money toward saving
for this goal?
Does how you spend your
money reflect what is truly
important to you? To get a
clear handle on this, take the
summary of your expenses
and turn it into a valuesbased spending plan. Start
with a summary of where
you’re spending money and
evaluate each category. Then,
decide whether your values
are being expressed in the
way you spend. For instance,
if education is something you
Is making a difference in the
world important to you? If so,
have you included an allocation
for financial donations to
causes you care about in your
spending plan? Earmarking
cash for gifts to others is
a great example of how to
align your spending with
your values. It’s also a way to
loosen your grip on money.
When you’re focused on
helping others less fortunate