March 08, 2010

Financial Fast

Michelle Singletary has a new book out, called The Power to Prosper: 21 Days to Financial Freedom. If you are not familiar with Michelle’s work, she is a financial writer for the Washington Post and her column is in syndication in other newspapers. She has also written books with practical advice that is relevant to readers.

Michelle asks readers to avoid spending money for 21 days on things that aren’t absolutely necessary. According to Michelle, “The fast is about curtailing your consumerism.”

One of the things Michelle discusses in the column is not buying gifts for people. In just the past few days, I’ve had two different clients tell me that they were looking for gifts for someone and they weren’t sure what to get. I suggested to both of them that they skip buying a gift altogether. Most adults don’t need more stuff and would prefer to spend time with you instead. Consider sharing a meal or a drink with the people you care about instead of spending your time and money on a gift they don’t need.

If you are interested in her financial fast, you can read about it in a recent Washington Post column .
Could you go for three weeks without buying anything? What challenges would you face? Click on Post a Comment, below, and tell us.

Organized by Marcie: Getting you organized so you have time to do what you love to do!
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