sort out my finances

1. Create a budget and stick to it.

It didn’t take long for me to work out a weekly budget. Turns out I don’t actually have that many necessary things I spend money on. Even with my incredibly limited income if I follow this budget for the last six weeks of my University break I’ll manage to chop around $400 off my debt. Which will be amazing. Now all I have to do is stick to it. 4 weeks ago

I seem to enjoy step by step lists, so, here we go.

1. Create a budget and stick to it.
I’m on an incredibly limited budget, being a student, and my moneys normally gone within a couple of days of getting paid. I don’t even think you can consider that living paycheck to paycheck. Somehow that sounds like it would be an improvement.

2. Find a weekend job.
Having a job while I’m studying isn’t something I enjoy. I had one for a while and my grades took a dive. But with things the way they are I can’t survive without one. Time to start looking.

3. Pay off my debt.
This is actually a separate goal but I figure it comes under this too. A financial adviser once told me that there’s no point in saving if you have debts, seeing as the interest from the debts is generally larger than any interest you’ll make on your savings.

4. Save 3 months living costs
It’d be wonderful to have a little nest egg of money tucked away for emergencies, so hopefully, once all my debts are paid I can start saving. Plus, one day I’ll want to buy a house and such. Saving 3 months expenses will be good practice.

I think that’s about it for now. I’ll have a think. 4 weeks ago

Gonna do this next 1 month ago

Changed my pay details 1 month ago

now to sort out savings. 6 months ago

Need to transfer money from my icici account to santander account before i decide what to do with the extra cash reserves. 7 months ago