Got this email from a friend in response to my post on upgrades I’d make if I were rich, and it’s something I bet a lot of us can appreciate. No one likes a complainer who doesn’t want to do anything about their situation! Like all those people who bitch about politics but then never vote or take any action. Do you expect your complaints will solve the world’s problems??? Haha…
But this isn’t a political rant, it’s a “make wiser choices” one. Something, it seems, our good friend here needed to get off her chest before she explodes ;) Please to enjoy:
Though I’m certainly no Mark Zuckerberg, I’m light years ahead of most of my peers when it comes to finances and education. I don’t say that snobbishly but rather– confidently. People who observe my life and the awesome things I do (like travel outside the US every year) say — Oh you are SO lucky, you must be rich!
There’s a whole more to it than that, though. Ultimately it’s about choices. What frustrates me most about people my age is that they spend their money frivolously on stuff that doesn’t really matter in the end. In my opinion, if you do that — then it’s your own fault you don’t have more money! Harsh but true. $30 manicures 2-3x a month and eating out 4-5x a week? If that’s your choice, fine, but don’t come crying to me saying you have no money to travel or do anything else — well, what do you think?
I create a budget, and stick to it — and often times, I go under budget. I base it on how much money I make a month and not the value of everything else I have (such as assets). Everybody’s situation is different which is why my budget probably wouldn’t work for you or anyone else. I am EXTREMELY frugal, and I really think that that’s part of why I do rather well financially. My secret is that I identify things/activities I like and then try to find ways to get it for free.
For example, I love coffee and I love hanging out at coffee shops. So, I got a job at Starbucks. Now, even when I’m just hanging out my friends give me coffee and I get a pound of free coffee a week. Even though I don’t make a whole lot — still, that’s money in my pocket just from savings alone, and trust me when I say coffee makes up a pretty big chunk of my monthly spending.
Sorry for the little rant here but this stuff’s really been on my mind lately. It just doesn’t make sense to me. I know I am more disciplined than most but this isn’t rocket science!
Preach on, sista! I love me some people who are passionate about things- especially when it’s to do with money :) The reality is that personal finance in itself isn’t that hard: You spend less than you make and you’re golden. It’s not of course always so black and white, nor is it EASY to follow for that matter, but in the end it does come down to simple mathematics and prioritizing. If you want to accomplish/buy X, you tweak your financial situation to get closer to X. If you decide to spend it on other things instead, then you’ll end up at Y or Z because you changed your own track.
There’s no right or wrong answers as far as which tracks you end up taking, but it should lead to those which make you happiest. It’s ANNOYING, however, when people complain about their situations as if there’s nothing they can do about changing it. Errr! (<– buzzer). That’s dead wrong. It may not be easy, fun, exciting to change your future paths, but it is almost always do-able. So either live with the way things currently are and keep those comments to yourself, or get out there and start working towards that better life! You can’t have your money cake and eat it too (BAM).
Questions? Comments? Concerns? Take a number and leave your thoughts below ;)
Photo by waferboard / Tweaked by J$
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!