Saving money is an issue I have never really had a problem with until this year. I used to be the person who wouldn't spend a dime. Literally I would probably cry if i had to spend or even think about spending money. I really believed in saving and wanted to save for that day when I needed or wanted something big or important. However, recently since entering into college spending money has been an easy task for me. I find myself purchasing something every day. The two main things I find myself purchasing quite often is clothes or food. The two most essential and intriguing things in my life. I love clothes, and fashion and am always wanting the cutest, newest thing, so it becomes hard for me to say no when all there is to do in Joplin is go to the mall. Also I love food; good food, so it's not shocking when I say I rather not eat the cafeteria food, and spend money on something that actually has flavor and fills me up, even though it may just be fast food and not the best for me. I really need to start saving money. The other day my mother told me I only had about one hundred dollars left in my account, which is a drastic change from what I used to have. I really didn't realize how much I was spending and how it was all adding up so quick. I don't understand what happened to my saving personality and why all of a sudden when I get to college my whole value for saving goes out the window. It is quite frustrating and I don't like it, because I don't not like having money. When I don't have money, or feel like I'm going to run out of money soon it makes me nervous and worried. It's always nice to feel financially stable and like if I really do need something important I'll have money to pay for it. Lately this whole feeling of security has disappeared in my life. This lifestyle needs to change and I need to start saving money. It is for my best interest and I'll be a much happy, stress free, go-lucky kind of girl if I start limiting my purchases. I probably will have to come up with some type of plan, and keep track of my purchases. If I can do this I think I could be successful in saving money and cutting back on all the spending. I really like my money, and I appreciate all the money I get so it would be nice if I could keep it in my bank account a little longer than it normally stays there. I need to figure out why I spend so much, and limit myself. My theory is to allow myself to purchase only a certain amount of items each week. However, with the money I have right now, I may have to limit myself to monthly purchases. I really want to have some money before summer gets here, so I think since, there isn't much school left I can survive and not spend any money, or a significantly large amount of money in that time period. I hope my plan works, and I can succeed in this task. It would greatly benefit me and my financial well-being.
Love & Peace
I’m just like you I save my money all the time but since college I don’t know what it is the money just goes fast I need to start saving my money again and get my money back up. I guess that saying is true you can spend it faster than you can make it!
ReplyDeleteHaley, I went through the exact same problem that you are currently going through when I first started going to college. I found that living off of necessities rather than wants helped me overcome this issue however. I think that as long as you think before you act you can prevent yourself from blowing money on unnecessary items.
ReplyDeleteColin S. Campbell