What are spending leaks?
Your “Spending Leaks” may be the culprit that prevents you from sticking to a budget. Spending Leaks are those small things we like to spend our money on that saps the success right out of a budgeting plan. If you like to stop for coffee at the convenience store every morning, you have a spending leak. If you like to spend money on movies, either at the theatre or on DVD’s, you may have a spending leak. How about that extra pair of shoes you just bought when you don’t wear half the pairs you already own? Finding your spending leaks is a key part of your budgeting plan being successful. You can use our spending leaks worksheet to help get started in finding and plugging those leaks that are damaging your budgeting plan.
