She Strengthens

The Financial Wake-Up Call: 9 Hard-Learned Lessons

Moving into my first solo apartment in August 2015 was a milestone, but it came with a hefty price tag – $1,000 in rent every month. At the time, I thought it was no big deal, but now I realize how financially reckless I was. The days leading up to rent day are still agonizing, but this experience has taught me valuable lessons about budgeting, money management, and life.

Money Management: A Daily Affair

Before taking on this rent, I didn’t think about managing my money daily. I created a monthly budget, allotted funds, and then let it slip my mind. Now, I think twice before making a purchase. I budget for essentials and items I truly want, cutting back on unnecessary expenses like Target runs and $5 coffee.

Necessities vs. Wants

I’ve learned to distinguish between necessary purchases like food, deodorant, and toothpaste, and unnecessary ones. I’ve simplified my beauty routine, opting for affordable alternatives, and even skipped cable, relying on Netflix instead. The evenings are now spent being productive or reading, making me happier than TV ever could.

The Wasteful Me

Taking stock of my belongings before the move opened my eyes to how much I was wasting. I found three bags of toiletries and a stash of small lotions, soaps, and deodorants. It’s been nine months, and I’m still using them, saving a small amount each month. I’ve also become more mindful of food waste, challenging myself to eat everything in my kitchen before it spoils.

Self-Control is Key

If I don’t police myself, I’ll overspend. I need to remain vigilant, packing lunch and snacks, removing small bills from my wallet, and cutting myself off from impulsive purchases. It’s not easy, but it’s essential.

Free Services: A Game-Changer

I’ve discovered the joy of free services like the public library, where I can borrow books instead of buying them. I’ve also taken advantage of free fitness opportunities, trying out studios without breaking the bank.

Every Penny Counts

I’ve started saving small bills in a jar, just like my dad’s 10-gallon change jar. It may not seem like much, but every penny adds up. Even saving $5 is worth it.

Clothing Conundrum

I’ve come to realize I have clothes to wear, and I don’t need to buy new ones all the time. I’ve built a wardrobe I want to wear, and I didn’t even have to buy new stuff. I sold, donated, and rediscovered hidden gems in my closet.

Staying In: The New Going Out

A Friday night at home is more enjoyable than going out to the bar. I can spend my evenings doing what I want, saving money, and nurturing meaningful friendships.

The Satisfaction of Staying on Track

Successfully managing my expenses and staying under budget is incredibly satisfying. I’ve learned to prioritize saving and take pride in my financial decisions. It’s a hard-won lesson, but one I’m grateful for.