I’m pretty bad at saving money. I’m just always tempted to splurge and spend it on something.
While in the last 2 years I have saved money, it’s not nearly as much as I wanted to put away. Since the apartment hunt didn’t work out and I haven’t seen anything worth responding to on craigslist I decided to do a little experiment.
My goal is to put away the total amount that my rent would have been if I had moved. That’s about $800 dollars a month. It will be a good test to see how good I am at budgeting, and if I really can move out and still go out and have fun. Now I know in reality moving out would cost way more than $800. I didn’t factor in any bills or food. I just wanted to do a solid number.
Bonus, if I am able to do this I will have put away a lot more money. This can be used as a cushion if I do move out, or as a down payment on a car since mine seems to be slowly dying on me. It would be a used car, but I am tired of the one I’m driving now. I’m convinced it’s bad luck. Seriously, I’ve had so many problems with it it’s unbelievable. Anyway more on my car later…
Or even better, I can use SOME of the money I saved and buy myself a little treat! I have to start thinking of something I can do to treat myself if I do this. Any suggestions??
The only problem is I’m so bad at resisting temptation. Especially at work, when I get bored I shop online. I’m constantly buying clothes, books and makeup online! It’s bad. While I still plan on going out with friends and buying stuff, it won’t nearly be as much as I’m used to doing. This will be a HUGE test for me. One I’m determined to stick with!
I’m starting with this month February. My goal is to save $4000 by the end of June!! I hope I can do this. I’ve been pretty good at putting some money away. But this is really kicking it up.
Wish me luck!