When I was 13 I flew across the country for a East Coat tour with my school. As I crawled into the backseat of my friend’s car, my mother instructed hers that I needed to buy souvenirs because I was “too frugal” with my money. Nearly a decade later and I still struggle with spending large amounts of money.
When you’re in your twenties it’s hard to keep track of all this spending that you’re doing for the first time. Not even playing grocery store as a toddler could.
As a early twentysomething who is dealing with real time budgeting for the first time, the harsh reality of spending my money on something other than cute tops and iTunes. But I’ve quickly adjusted to the adult life and have found the best ways to save when you’re making less money than your parents.
I’ve compiled the five ways that ensure there’s always money in my bank account, and a little extra for when I need cute tops and iTunes.Read More
I am possibly the most frugal and the most expensive person I know.
While I cringe every time my grocery bill is over $20 for the week, I also found no problem in spending $1300 for a laptop. I can barely justify spending more than $10 on a tshirt, yet that foundation at Sephora is so worth $50.
Every once in a while I look at my horoscope (because there’s nothing better than laughing over a cup of tea) and I have noticed a pattern: Taurus’s love luxury yet hate spending money. Who knew I’d ever believe in my horoscope?
Now that I make money and pay for most things (and will pay for many more things as I move forward onto adulthood) I have learned what things to save on and what to splurge on in order to keep my lifestyle how I like it. There are plenty of places to cut corners on and lots of places where spending that extra dollar is really going to improve your life. It’s all about knowing where to do it.
Below is my guide to where to save and where to spend on every aspect of your lovely life.Read More
I remember back in eighth grade I went to the East Coast on a trip with my class and my mother told my chaperone to make sure that I bought souvenirs because I was “too frugal for my own good”.
It’s a trait I still possess.
As I’ve gotten older I have tried to break the habit and spend money on things that aren’t essentials. January of 2012 I bought myself an iPhone, on deep discount. September of 2012 I bought myself a laptop, on deep discount. July of 2013 I bought myself an iPad mini, and I’m finding myself in a bit of a dilemma.
You see, my phone broke and Verizon was having a deal, so I thought, “Hey, let’s buy an iPhone!” My laptop was out of commission the year before and I really needed one for all the school work that was coming towards me and HP was having a sale so I thought, “Let’s get this decently priced, perfect-for-you laptop!” And then I was sitting around, thinking about things, and thought, “Let’s spend a large amount of money on something you don’t actually need, an iPad!”
Saving money isn’t easy. It is so simple to be sucked into the vortex of sales and marketing. But to be able to say ‘no’ to the world of spending and ‘yes’ to the world of saving, well, it’s now a reality.
I recently acquired a debit card. Being able to shop online at my own leisure and not having to keep track of all my dollar bills constantly, it’s a freedom. However, with freedom comes responsibility, and this freedom made me a little spend-crazy. But, as I am saving for a new laptop to replace the one that died and went to techie heaven last year, I really need to buckle down and stop spending and start saving. So, I compiled a list of tips to help me (and you) save like people have never saved before! (Extreme couponers excluded)
Frugal : Me as Gold : Midas
I don’t spend much money. It’s just the way I am. Lots of teenagers gain money through jobs and allowance and spend it all on the weekly trip to the mall. I save up every dime I have and don’t spend it for a long time. Why, I started a savings account when I was eight and didn’t even use the money inside it until about six years later. Like I said, frugal and me are just two words that go together.
Now, just because I’m frugal it doesn’t mean that I own four pieces of clothing. I’m good with my money in the extent that I know what is good to buy cheap and what is good to splurge on. Most teenagers don’t get this, resulting in the “Dad, could I borrow a twenty” that is just pathetic. The trick is to understand what should be skimped on and what can be splurged on to have a happy life and still have enough cash to buy the occasional Starbucks.
Be frugal when buying items such as t-shirts and tank tops (basically just generic clothing), deodorant (seriously, $9 for something that goes under your arms?), pencils/pens, school supplies (binders and such), hair elastics, socks, lunch (don’t spend $15 on lunch every day), chapstick, cereal (buy plain corn flakes and add sugar), and key chains (lots of organizations give them out for free!)
These are items that honestly you can get the same product for $5 as for $15. Saving a little more here can definitely make it able for you to buy some of the more fantastic items in the next category.
You can splurge with items such as an iPhone, iPad, gas (you need to be able to get to work), a new bag, concert tickets (Jason Mraz is in town? Let’s go!), dates, laptop, road trips (imagine the beach), a prom dress, a new car (a new Mercedes would be nice, wouldn’t it?) and a really great pair of jeans.
These are items that are worth every dollar. They are slightly more pricey but with the money you’re saving with the first category, you’ll be able to afford chapstick, a red t-shirt, and an iPhone. Doesn’t that sound great? I saved up enough to buy myself an iPhone and I will never regret it. Saving really is worth it.
Being able to afford everything you need (and all the things you really want) is pretty great, right? And with these tips, you’ll have it all, and plenty more!
Want more money advice? Say so in the comments and I’ll share more of my tricks!
There are two types of people in this world. Those who spend their time worrying and those who spend their time not worrying.
I fall into that first category. Worrying is something I list as one of my hobbies. I constantly do it, and I’m sure it’s the reason I will die at 30. I worry about everything. Whether it be about school, money, family, friends, my writing, or even whether my hair looks okay, I just worry.
I don’t enjoy it. My Type A personality basically comes with the instinct of worrying. In my family the worrying gene usually skips a generation. But I broke that cycle. My grandmother is not a worrier, my mother is, and I am a worrier also. It’s a charmed life.
The issue with worrying is that everything becomes that much larger. The simplest worries become humongous and life-consuming. And if you’re an emotional person like me, a lot of crying. And that’s not healthy. Not at all. I want to enjoy things, not worry about them. To jump off a cliff and not worry about dying (but not literally because I would most definitely die.)
- I worry about school. I worry about whether I get along with anyone in my classes, if I will do well, if my teachers will like me, etc. My way of getting over it and enjoying school? Knowing that I am a friendly person who makes friends easily and that I already know most of my teachers and that I’m a good student and will follow a rigorous study schedule. Problem solved.
- I worry about growing up. About getting a job and going out into the world and having to be a whole independent person. Yes, I know it’s years away but I still worry. And the way to ‘Keep Calm and Carry On’ is to remember I am years away from that and to make the right decisions to make grown up life earlier. Problem solved.
But we’re all different. We all worry in different ways. So just remember that we are never given more than we can chew and as long as we dissect each chew, it will all good.
Thank you for being such groovy readers!
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