She Strengthens

Lessons Learned: My Journey to Financial Wisdom

As I approach my thirtieth birthday, I’ve come to realize that the past decade has been a rollercoaster ride of financial mistakes and valuable lessons. From navigating debt and health issues to making impulsive purchases and learning from toxic relationships, I’ve gained a wealth of knowledge that I’m eager to share.

The Dangers of YOLO Spending

Growing up in a low-income family, I knew the importance of being frugal. However, as I entered adulthood, I swung to the opposite extreme, splurging on unnecessary purchases and racking up debt. While I don’t regret taking risks and treating myself, I wish I’d been more thoughtful about the value of my purchases. Those two cocktail dresses and the fully-sequinned white bustier may have looked great, but they didn’t bring me lasting joy or financial stability.

The Collector’s Trap

In my early twenties, I became obsessed with artisanal teas and nail polish. I spent hundreds of dollars on these hobbies, only to lose interest and give them away later. Looking back, I realize that I should have set a spending cap on these fleeting passions. Exploring new interests doesn’t have to break the bank; sometimes, a $50 investment is all you need.

The Cost of Flings

Throughout my twenties, I found myself in short-lived relationships that drained my wallet. I’d pick up the tab on dates, thinking it would impress my partner, but it only led to people taking advantage of my generosity. I’ve learned that it’s essential to prioritize my own financial well-being and avoid overspending on people who don’t truly care about me.

The Hidden Costs of Dining Out

As a foodie, I love trying new restaurants and sharing meals with friends. However, I’ve come to realize that adding drinks to my bill can double the cost of these experiences. To make the most of my budget, I plan to be more mindful of my beverage choices and prioritize quality over quantity.

The Importance of Saving

One of my biggest regrets is not saving money in my twenties. I thought that since I couldn’t save aggressively, I shouldn’t bother at all. But now I know that every little bit counts. If I had started saving just $50 a month at 20, I’d have a safety net of $6,000 today.

Taking Control of My Finances

As I enter my thirties, I’m committed to making changes and taking responsibility for my financial future. By acknowledging my weaknesses and sharing them with others, I’m holding myself accountable for creating a better financial reality. It’s time to prioritize my own needs and make conscious choices about how I spend my money. Wish me luck!