Jennifer is a Spending Faster who is sharing the process here. To catch up from the beginning read this post: Introducing a New Spending Faster!. – Anna
Due to a sudden change in roommate status, I was unable to save for my first month of the Spending Fast. My roommate decided to suddenly move out, so I had to unexpectedly cover the month’s bills. I’ll get a new start in this second month. The good news is my dear friend, Tina, has decided to live with me for the next year and a half, giving me the time I need to complete the Spending Fast.
What are some of the good and bad living situations you have encountered?
I’m sure everyone has experienced it in one-way or another. I know I have many times over! But after the Spending Fast, my hope is that it will be the end of roommates.
I’m not counting this month as a total loss, but instead as a month of changing bad habits to achieve my goals. I tackled my worst habit of buying breakfast and coffee from Starbucks EVERYDAY! I am proud of myself for this WIN. But how did I do such a thing, you ask? It wasn’t easy. I dusted off my old single serve coffee machine and got a killer deal online of T-disc for 50 cents per cup! Who knew I could get so excited over math! Changing everyday decisions like these will help me in the long run, and is why this was my first area of concentration.
This situation is so so so similar to Anna’s breakfast burrito problems. (See: Your Habits are Making You Broke)
The next thing I need to tackle is spending money on social situations. This month I went back through my online bank entries and wrote down every entry that could have been avoided. Between social situations and spur of the moment decisions, I could have avoided spending $112.49. A movie, a pizza delivery, a sushi outing and 3 bar tabs. Those were my weak moments that I need to tackle next and avoid.
I am not perfect and these were my results for the month. Looking at this in writing, and knowing that I could have the amount of $112 as opposed to $0 saved, makes me face this reality and want to do better.
Month 1: $0.00 savings
Do you have some bad habits that are affecting your financial situation?
P.S. Follow along with all the Spending Fasters.
P.P.S. Ready to get out of debt ASAP? Check out the Spending Fast Bootcamp