by Nikki Willhite
We've all heard about the "domino effect." One thing leads to
another, just like a trail of perfectly placed dominos that fall
on each other when you trip the first one.
Many of our mistakes with money come because of the domino
effect. Simple decisions result in
a spiral of mounting expenses.
We've all heard that we should live below our means and save
money. Let me give you an example of what can happen if you "push" your budget.
Many people try and buy the largest
home they can afford. They just look at the mortgage payment, and think
that if they do without a few things they will be fine. Buying a large
home is one of those things that leads to further expenses.
When you buy a large home you are probably not going to have
furniture and accessories to fill it up.
Few people are content to live for long with empty rooms. This will lead to spending money just to fill up the
Then there will be the things in your new home that need fixing,
replacing, or are just not to your taste. The larger the home,
the more money is it going to cost to do anything to it, such as putting in new
carpet, painting walls, etc.
This large home is now going to need a greater amount of cleaning
supplies. It is going to take more of your time to clean this
home, and you are probably going to buy expensive and unnecessary
cleaning products just so you can get the job done as quickly as
Your vacuum and other tools will wear out sooner because of the
additional "wear and tear" from the added space, and you will
have to replace them more often.
Your utility bills will rise.
Your yard is going to need more time, attention, and money. Your property
taxes will be higher. You children may want more expensive clothing so
that they fit in with the other kids.
And so goes the domino effect. Your decisions may be as
small as an impulse piece of clothing that needs an additional item so that you
can wear it, or as large as the above example of buying a large home.
Remember the importance of your decisions. Most of them
have consequences. It is no different when it comes to money.
About the Author: Nikki Willhite,
mother of 3 and an interior design graduate, has been writing and publishing
articles on the topic of
frugal living for over a
decade. Visit her at
- where you will find hundreds of frugal living tips and articles. Frugal
Happy Families- more than just money!