I have always loved spending money, especially my parents’ money, which is awful. I never knew that saving was important. My parents gave me whatever I wanted.
Now that I am funding this entire shebang, I can’t afford everything that I want and the feeling of having cash in the bank is way better than having tons of cool things like flat screens and computers and chic clothes. I do have a flat screen and an old computer and some great clothes for work that my mother buys me for my birthday every year. Thankfully, the thought of going shopping for clothes is stressful for me. Money spending used to be fun and thrilling and now it makes me panic.
But, that’s only if it’s in large amounts. This camera I just bought (and returned after major guilt, panic, and dissapointment in the photo quality) was $250. That was hard to handle, but five $50 purchases are perfectly fine. Hmm, doesn’t make sense.
So, I’m going to do a spending diet.
Here is a list of my needs:
- Doctor co-pays
Non-Needs- $200/month to spend on whatever I want that is not in the above list. Once I hit $200, I am done for the month. This does not carry over month to month.
What I’m NOT spending money on:
- Eating out (farewell Arch’s…it’s been nice knowing you, even though your hot fudge still stinks)
- Alcohol (I had one beer two weeks ago. I’m just not interested anymore.)
GOALS: Pay off credit card by end of year and start savings account.