Since my last post I have been doing some soul searching, working on my resume and looking forward (read:attempting to plan) the future. Not much has happened or progressed, but the job search is in full swing now.
I have a confession; I have been struggling with money this month. I started the month really strong, little to no spending for the first week and a half, then stress got the better of me and it all went to sh*t. And then I gave up, or should I say gave in? To my wants.
With that, I’m changing my focus:.
Instead of not spending money I am going to focus on saving money.
Instead of spending money I am going to focus on investing money.
After doing an analysis on my spending for the past 6 months, it has become obvious to me that I do not have control over my spending and my current tactics are not working.
In my next post I will show you an easy way to do a trend analysis for yourself and what you can learn from it in terms of your habits.
Doing the Latte Factor challenge has made me more aware of the impact of bringing lunch to work and what difference my coffee consumption has made for my budget and what role those two things have in regards to my habits. Getting a handle on those easy day to day vices has definitely helped my budget.
Going forward, I need to take a different approach to my money. As very smart people say, “To change something, you first must change your mindset”. Wealth isn’t the money you spend, it’s the money you accumulate. THIS needs to stick in my brain. Having things without a purpose isn’t going to make me happier and definitely isn’t going to make me richer.
How has your money adventure been going this month? Are you on track? Are you doing as well as you thought you’d be doing this year?