Reverse Snowflaking

April 21, 2008

What it is: Reverse snowflaking is essentially making irresponsible purchases.

How it works: You walk into the store to buy bread. You come out with 3 magazines, a bag of candy, and your bread. In short, it is undisciplined spending.

The effects: Little purchases add up, quickly. A little one day can quickly turn into spending $100 a week! In essence, Reverse snowflaking depleets any money you could have saved toward a more responsible (and well needed) expense.

How to prevent it:

  1. Make a store list & stick to it
  2. Eliminate unnecessary purchases
  3. Question the necessity of every purchase
  4. Allow room for special treats – but put a budget on yourself

Read up on Snowflaking!
Links:

How I started Snowflaking by PaidTwice

Snowflake your way to a better self by Remodeling This Life

10 Can’t Miss Ways to Kickstart Snowflaking by I’ve Paid for This Twice Already

SNOWFLAKE CARNIVAL