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"Struggles With Mis-Managed Money" by Adaml

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Adaml



Struggles With Mis-Managed Money



The following is in responce to a post found on Joanna's LJ
PS: You really should read her blog post first!


I would have to agree with everything you say here.

I have worked sense I was 13 years old (legally) and have always saved ALL my money, I never spent a cent of it - even for things that kids "needed" like cloths and stuff, I had things so I did not worry that much. When I went to my new school for middle school I realized I did not have much money and then thought that if I did I would have lots of fun, and therefore be happy.

I continued to save while being madder at myself for saving like I should have (and did) but not spending it on myself. I continued to do this and save and never spend until I started doing 40 hours/weak with a full senior-level high school load. I realized I could now start spending in moderation, so I did. I started getting the things I wanted, a cell phone, some new cloths (Cloths that the school did not give me) and the electronic devices I wanted (Palm, cheap MP3 player, Computer game or two, and a few CD's and DVDs).

Finally I can be happy!

No, unfortunately it is not that easy and in saying that it is even harder to stop spending money! From what you are saying you went like I did with less money for "fun" things then others to being able to spend some money, to know where you are learning/ have learned to stop it and even spend conservatively. I applaud you for this because I have such a hard time with this myself.

I think the only way left for me to limit myself is to take my checking(s) account and take all the money I have from it. This would allow me to only spend what I make (including bills) rather then slowly (or not so much) deplete my extra (what little bit I now have left.

....
I need a Blog so I can do that stuff there!!! I have one made but dont post to it much.



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On Thursday January 24th, 2008, Bella Butchery (1203) writes:
401k plan


On Thursday January 24th, 2008, Velvet_Raventon (657) writes:
What's your blog's URL? I think one danger would be to stop spending altogether, and getting too attached to your money that you live in bad conditions (no electricity, no heater etc). But we are far from that thankfully :)



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