Sunday, June 26, 2005

About Me

In this world of increasing commercialism where everything you want is a click, a call and one credit card authorization away it's hard to step back sometimes and ask yourself what it is that you really want. A simpler life, a secure future or that peacock green Marc Jacobs handbag? For me the answer is typically c) the peacock green Marc Jacobs handbag. But not anymore.

I don't know what changed. Maybe it's the growing desire to take some time off work or to start my own business. Or maybe it's some kind of financial maturity pushing its way through my subconscious like a wisdom teeth. Whatever it is it got me thinking.

Fresh out of college I was fairly frugal. I didn't have any student loans but that was only by virue of a full scholarship & several part-time jobs. Student life for me was full of sacrifices and as a result my first big paycheck was like mannah from the heavens. I could finally afford all the pretty things I have ever wanted. Cute handbags and red lipsticks and exotic perfumes were calling my name from every street corner in America. I couldn't resist. This started a spending binge that lasted for several years. And then, like I said, something changed.

I don't have any debt. It's one of the things I have avoided like the plague. But I also probably don't have as much saved or invested as I should. I have always admired people who have their finances under control. It only takes a second to plop down your credit card, or to set up direct deposit so your paycheck rolls into your bank account but to set up a portfolio and manage your assets, now that’s different. But how hard is it really? Can a total finance virgin like me who has never balanced a checkbook learn to play the savings game?

My reason for starting this blog and the changes I plan to make in my life over the next few weeks, months or years, is not so much to get to a certain number by a certain date as to learn to save more and spend less without giving up the things that make life enjoyable.


At 7/11/2005 3:41 PM, Blogger Madame X said...

Yes yes yes! Me too!
Keep it up, everyone has their own version of this balancing act and it's great to see what different people are doing.


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