By the time I started working, I had been reading personal finance blogs for a while, opened a IngDirect account from my allowance savings and sponsored a woman in conflict through Women for Women. Because I knew how hard it had been for these bloggers to track their pennies and keep their spending under control, I wrote every single purchase on a sheet of paper with the month and year as heading and attached the receipts with a clip.
Aproximately a year after I had a regular income, I started dating Grasshopper and realized that I no longer needed to keep such close tabs on my money. I was in control, and knew what I could indulge in and what I couldn´t. At the beginning of each month, I´d put about half my salary in savings and just didn´t worry about how I spent the rest. Whatever money was left at the end of the month, I´d just roll over to the savings account. On top of that, I started tutoring a lovely ADD kid, and made an extra $100-200 a month. This money, paid in cash, I kept as an emergency stash/Christmas fund/random trips fund.
I know I´m a money nerd because watching my savings, and the interest grow, makes me feel a little fuzzy inside. Grasshopper calls it my serious problem with saving. I call it my Ant personality.
Anyways, even though I worked part-time for near minimum wage, because I´d been so dilligent in my savings, I could afford to take an 8 month break from work to concentrate on getting my degree, and make a big deposit to Grasshopper´s and my Living together emergency fund. And I still had a big personal cushion to lean on when I finished my internship in August. However, when I paid my Master´s last week, I spent all that money, apart from $300, which is my new much leaner cushion. The stash had long ago left the building.
And now I´m getting worried about my spending again. I tutor 3 people at the moment, earning roughly $300 a month. About $150 goes towards petrol and publc transportation, with the rest I need to save for my new, much more expensive insurance, get Christmas presents, give to my sponsored sister, and start a car fund to save for repairs, which will most likely be much more expensive that my old old car´s. So I´m trying to find a way to make more money and keep the money I have. It seems like I´ll go back to the list until I can figure out a better way to manage my irregular lifestyle.
Thanks to Stuart Miles for the pic.