Introducing Money Stories!
If you follow me on IG, you’ll know that I often share (with permission) your stories, anecdotes and tips. Not only am I hugely honoured that you’d take your time to share them with me but I know that they really help others too.
I often get messages saying how encouraging it is to hear about the financial lives of people in similar and perhaps different situations to you.
So...Introducing ‘Money Stories’; a glimpse into one financial life, each week.
Money STories #2
PR and Communications
I grew up around a family who were frivolous with money. Debt was and still is the watchword of my parents, with it not being unusual for their credit cards to be declined at restaurants or the supermarket. This initially led me to be similar, and for the first two years out of University, I lived entirely out of my overdraft and spent most of my pay-check within the first week of payday. Following the breakup of a long term relationship with my ex, and having to rent a place on my own I knew I wanted this to change and have been debt free for six months now and have started saving for a house.
THINGS I NOW KNOW #1
The little things do make a difference. A daily latte is £3, which is £21 a week, which is £84 a month. It’s a cliche for a reason but limiting those small purchases pays off in the long run. A latte on the weekend in a coffee shop with a book is a treat. A latte on the commute to work every day is just a habit.
THINGS I NOW KNOW #2
It’s probably not worth dropping £75 on clothes you’ll never wear, but it absolutely is worth dropping £75 on a flight to a country you've never been to. Buy experiences, not things.
THINGS I NOW KNOW #3
PAY YOURSELF FIRST.
As soon as that pay-check drops, £250 goes straight into the LISA. No questions asked.
If you’d like to contribute your own Money Story, just drop me a DM/email (firstname.lastname@example.org).