Procrastination Edit: Dude, you need to chill the fuck out. Yes, go hard on your goals, but make sure you don’t forget to HAVE FUN while writing this. C’mon bruh……..Having fun is where your voice comes in……
I grew up in a pretty fortunate financial situation. This meant that I didn’t worry about money too much(good), but I never learned financial intelligence(bad).
I love living on my own and being independent, because I’m now forced to learn these life skills. And learning how to manage my money is a great lesson in opportunity cost.
Every single thing I spend $$ on has an opportunity cost. If I decide to spend $50 going out to the bars, this means I don’t have $50 to spend on food, books etc.
I’m finally learning this by living on my own. This means, I can’t just say yes to all purchases, invites or I’m going to end in the negative. Just like how a sound CFO effectively manages their finances, in terms of money, I am the CFO of my life. Would I invest in company’s that show a negative profit? NO. I need to start turning this around. No more impulsive spending!!! This means I need to:
- Start tracking all my spending
- Think twice about making certain purchases
- Stay disciplined to the system I’m giving myself.
It’s tough figuring out a system that works for you. But I will not be stopped. I will keep experimenting and tinkering till I figure out a system that works for me. This means, I’m probably gonna have to suffer a bit since my behavior will need to adjust to my spending habits. I guess better to learn this now, when things are simple, than later, when things get more complicated.