I'm cutting back and you may want to also.... I'm going to bite the bullet!!!
President Obama recently ordered the cabinet to cut $100,000,000.00 ($100
million) from the $3,500,000,000,000.00 ($3.5 trillion) federal budget.
I'm so impressed by this sacrifice that I have decided to do the same thing
with my personal budget.
You may spend, as an example, about $2,000 a month on groceries, household expenses,
medicine, utilities, etc., but it's time to get out the budget cutting axe, go through your
expenses, and cut back.
You should cut your spending at exactly the same ratio (1/35,000) of your total
budget. After doing the math, it looks like instead of spending $2,000 a month,
you’re going to have to make do with $1999.94.