“I can’t go out.” I used to say these words almost every single week about four months ago, when money (or the lack of it) was stopping me from having a social life. Literally. No spontaneous coffee, hangouts, and last-minute plans.
When I finally decided to start saving, it sounded like a good idea, but somehow, every time I received my monthly allowance, it would magically disappear, leaving me with no choice but to spend Friday night at my house. Alone.
For us teens, grabbing coffee with friends, celebrating someone's birthday with a small gift or going to the movies is important, even essential. It’s helping us stay connected, but at the same time it also adds up fast. And when that fun money is gone, reality hits.
But don’t worry, I got you! Things actually changed when I started reading more about saving and doing a few things. My financial crisis is finally gone, and I’ll tell you the realistic tips that helped me get out of it.
Image Credit: QuinceCreative from Pixabay
Let us slide into your dms 🥰
Get notified of top trending articles like this one every week! (we won't spam you)Why Start Saving Early?
Obviously, we all want to save money to buy cool stuff. But it's more than just cool stuff. Saving teaches control, independence, and most importantly, it gives us the feeling of security in unforeseen situations. According to Barbara O’Neill’s article, planning our expenses actually makes us feel better, and allegedly, we are dealing with stress more effectively than most people.
What Helped Me Save Money?
1. Planning expenses
To be honest, planning was not my thing until my friend (who’s also a hasty spender) told me that writing down her finances actually helped her. So I gave it a try. I noted down my monthly allowance and set a budget for each meeting with my friends, each day, week, month, even for transportation. Despite being a non-planner, I have to admit that writing it down made me feel more elastic, especially when I had some unexpected expenses such as a birthday gift or an Uber.
Image Credit: Image Credit: Image Credit:
#planning
#discipline
#savingtips
#budgetingtips
#allowances
#savingasateen
