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31 sec listen: Financial Healing: LGS Target
Source: Unsplash
Hello Financial Healers,
In yesterday’s post, I provided a handout, which helps you identify categories where you might be wasting money (i.e., food, transportation, education). A follower on social media brought up a good point:
“the figures that the govt give for food spending etc are so far off reality though after the post Covid inflation bubble you couldn’t use the govt report in your Substack to budget. I think the Krazy coupon lady has a good handle on the true nature of food inflation.”
I checked the post, and I have to agree. Use KCL’s information, and add $1,068 to the average annual spending for food.
This means, if a household spends $5,783 annually on groceries, add $1,068 and bring that number to $6,851. This gives you a more accurate figure to compare your grocery spending to.
We can talk more about this in today’s live discussion at 3:30 PM (CA time).
Join us for My Money Time 👇
If you’re a premium member, hop on to our live discussion today at 3:30 PM (CA time). If you’re a free subscriber, consider upgrading so you can join us every week.
God bless your Prosperous Soul,Stephen K. De Silva
About: Stephen K. De Silva is an author, speaker, and financial coach. From 1995 until 2017, he served as the CFO of Bethel Church, and a member of the senior leadership team. Stephen’s unique experience, training, and gifting make him a pioneer in the subject of money. You can reach Stephen at [email protected]
Get full access to Financial Healing with Stephen K. De Silva at stephenkdesilva.substack.com/subscribe
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By Stephen K. De SilvaSource: Unsplash
Hello Financial Healers,
In yesterday’s post, I provided a handout, which helps you identify categories where you might be wasting money (i.e., food, transportation, education). A follower on social media brought up a good point:
“the figures that the govt give for food spending etc are so far off reality though after the post Covid inflation bubble you couldn’t use the govt report in your Substack to budget. I think the Krazy coupon lady has a good handle on the true nature of food inflation.”
I checked the post, and I have to agree. Use KCL’s information, and add $1,068 to the average annual spending for food.
This means, if a household spends $5,783 annually on groceries, add $1,068 and bring that number to $6,851. This gives you a more accurate figure to compare your grocery spending to.
We can talk more about this in today’s live discussion at 3:30 PM (CA time).
Join us for My Money Time 👇
If you’re a premium member, hop on to our live discussion today at 3:30 PM (CA time). If you’re a free subscriber, consider upgrading so you can join us every week.
God bless your Prosperous Soul,Stephen K. De Silva
About: Stephen K. De Silva is an author, speaker, and financial coach. From 1995 until 2017, he served as the CFO of Bethel Church, and a member of the senior leadership team. Stephen’s unique experience, training, and gifting make him a pioneer in the subject of money. You can reach Stephen at [email protected]
Get full access to Financial Healing with Stephen K. De Silva at stephenkdesilva.substack.com/subscribe