How to determine your REAL bare-bones budget

I stopped working in July when my internship ended so I could focus on my final exam and end-of-course project. Both of which I needed to do in order to (finally) get my degree. Yet even though I have a big enough cushion saved up, the job search certainly isn´t going as well as I had hoped. Apparently, no-one needs fresh out of college kids, they need experienced adults who are willing to get paid like they´re interns.

Cinism aside, my sinking funds are making me reconsider some of the things that I thought were essential when I was earning money and a recent chat with my best friends confirmed it. Sometimes, when it comes to our own finances, we are very short-sighted and can´t see the whole picture clearly. At those times is when you should ask the people you confide in. That´s it, let the people who know you best, your BFF, your boy/girlfriend, whoever, help you in determining your bare-bones budget.

The key part of this method is accepting they are trying to help you and not take their advice as critism. Just listen to those who know you almost as well as you know yourself, and sometimes better.

Here´s the two conversations I´ve had that have led me to believe in this.

Best friend number 1: While finishing uni and interning without getting paid, she is thinking she should get a part time job to cover her dancing lessons since her mom will no longer pay for them.

Best friend number 2: She has finally finished her masters degree and now has a job until February. She has begun paying off some of the debt and saving for a much needed car when two emergencies happened: her laptop broke down and she had to go to Florence with her boyfriend.

When I asked them, they told me that I spend way too much money on eating out and going to the cinema. And you know what, they are right.

Whhat about you? Did you have an unexpected money pit in your life?

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Create a free website or blog at WordPress.com.

%d bloggers like this: