Beware of little expenses; a small leak will sink a great ship.
–Benjamin Franklin
This piece of advice from one of America’s wisest founding fathers points out how it doesn’t take much to derail (pardon the mixed train and ship metaphors) a budget and, ultimately, your financial goals.
Just as a small leak can bring down an enormous ship, so too can supposedly “little” expenses eventually sink your budget. Especially when those “little” expenses add up to a significant amount of money you didn’t budget for.