Saving: Entering Adulthood

Monday, August 14, 2017

Today's post is a little bit more of a serious one. I haven't had too many jobs in my life, but the ones I have had, I was careless with my paycheck. Saw a cute dress, in my cart it went. Want to go out for dinner?....A steak it is! I own this shirt already, but can't resist it in another color. New makeup is released....time to try it! I make myself sound like a shopping addict. In reality though I'm not that bad. To some though who are extremely frugal, it probably seems like I spend a lot of money on not needed things. 

As I approach my senior year of college, I've realized there's no room for these splurge of the moment shopping trips. My goal when I graduate in May is to move out of my parent's house. I want to finally have my own space and make my decisions 100%. With that being said, I realized how much money I could have saved up to this point. And I honestly wished I would have. It would have made it so much easier down the road. As a kid, you don't realize how much stuff you have to buy to furnish your own apartment. 

1. A Bed 
2. Pillows
3. Kitchen Table 
4. Couch 
5. TV 
6. TV Stand 
7. Pots and Pans
8. Vacuum
9. Internet/cable 
10. Lawn Mower 

The list goes on and on. To be honest, I don't know how I'm going to afford all this. Hopefully family members will have some junk they want to get rid of. Or I may just have to find some pieces at GoodWill. I've heard that companies like Casper will donate their returned mattresses to local charities Worst case scenario, I sleep on the floor with a blanket and sit at a card table for breakfast. 

One thing that I learned this summer, is not think of the present. Instead, think of the future. It may be tempting to splurge on a new pair of denim because you just paid. However, what I've been doing is calculating how much money I will make at the end of my internship. Then I subtract everything I need to buy in the next couple of months: bday gifts, makeup, school supplies etc. I hate to say it, but it makes me sad when I see what I will make in comparison to what will be left. And that honestly is what helps prevent me from spending too much. 

My biggest tip to save money is to not eat out. I know you've probably been told this your whole life. I am honestly tempted each day as I pass the Panda Express located in my corporate office. While I crave fatty food, my wallet thanks me lol. Multiply it out how much you will spend per week and per month if you keep up this habit.

I would recommend only paying with cash. It's so tempting to just charge a purchase. When you have cash though, you see your money dwindling away. Also, utilize your change, don't let it go to waste. 

If you get anything out of this post, it would be put aside money to save. You never know when your washer breaks down, your house floods, or you get in a car accident. It's nice to know you won't be starving just to cover those expenses. Also, put some money aside for retirement. It may seem like a while away, but the sooner you start, the better off you'll be.


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11 comments

  1. I am soo bad at saving so I totally know where you are coming from with the whole "spend your paycheck" thing. Love your tip to pay in cash, when we charge our cards we don't see the physical money so it's easier to spend! Good lucky with finding things for your place :) Check the Facebook Marketplace!

    Lauren Lindmark | https://dailydoseofcharm.com

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  2. I totally agree with you. I need to do the cash only challenge I read about.

    Jennifer
    Effortlessly Sophisticated

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  3. Omg story of my life! Ahh I really need to save up and move out especially living in LA.

    https://lionesssk.blogspot.com/

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  4. It's crazy how many things you need for adulthood! It definitely adds up and saving is sooo important!

    Jamie
    Treats and Trends

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  5. I can't save up for the life of mine!
    Have an awesome day!
    xx Kris

    https://dreamingofpink.wordpress.com

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  6. Love that dress babe, so gorgeous! You're so mature for your age, I'm glad haha :) Moving out is going to be tough, but it'll be a great experience and really help jumpstart your adult life, good luck!

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  7. This is brilliant! I love that you have a lawn mower on your list! Mine was a gift from my mother, it would have been such a pain to have to buy my own :-)
    I just recently have learned that buying what ever your heart desires only ends inn misery - when you realize it doesn't make you happy but it does make you poor :-(

    ♥ Paula Shoe Fiend.
    http://shoe-fiend.blogspot.co.nz/

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  8. I've been thinking the same! I'm planning on moving out soon, so saving money has been high on my list. xx

    Kit | THINGS SHE LOVES

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  9. This is such a great post, saving up is something I need to do more of! Thanks for sharing :)

    Camille xo

    www.cococami.blogspot.co.uk

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  10. Haha yeah I really need to save more!!!!

    xx Sofia | SOFIAADOT

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  11. Hi Kate,

    I could not agree more with you. Saving for the future is super important and should be taken seriously.
    X
    Miri
    http://currentlywearing.com

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Your comment is much appreciated! I look forward to responding. Have a lovely day doll!

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