Today, I turn 26 years old. At age 25 and under, I feel like it’s easy to still consider yourself a young adult, or even a kid. Now that I’m above 25, I feel like I’m truly in adult-land. That’s probably a good thing, considering I’m now on a budget and getting married next month.
Looking back, I’ve learned a lot this past year. Thanks to my responsible future husband, I now save my receipts and enter my expenses, purchases and credit card payments into a spreadsheet.
Starting last May, I began the grueling task of planning my wedding–another experience with budgeting. I have had to obtain vendors quotes, compare prices and goods, maintain records, keep up with payments and more. I’ve also had to practice negotiating, which doesn’t come easy for me. I saved a good chunk of my money on my catering and invitations this way. If I can do it, anyone can.
Now I’m off to celebrate my birthday. Read on for my favorite list of personal finance blog posts from the past week!
Could you pay off $18,000 in debt in one year? Writer Anna Newell Jones did. She racked up over $23,000 in debt, and when it became unmanageable, she decided to go on a spending fast.
In an opinion piece on CNNMoney, Jones explains how she spent an entire year only purchasing necessities and no longer indulging with things she simply thought she deserved. She explains that she came to understand why others didn’t pay down their debt; it seemed impossible and it was easy to pretend it would just go away.
Jones stopped shopping, eating out and going to movies. She started riding the bus religiously, which she estimates saved her about $1,400 for the year. And after a year of total frugality, she ended up saving $17,911.89 in just one year. Do you think you could do this, too?
Get your own frugality ideas with my roundup of my top 10 favorite personal finance blog posts from the past week.
Today is an annual holiday that aims to remember and honor rock ‘n roll’s many one-hit wonder bands. Take a trip down memory lane and enjoy these stand-out blog posts from the past week about credit and debt.
Think you know what your date wants for Valentine’s Day? Discover Card’s third annual Valentine’s Day Shopping Survey exposes what lovebirds are planning to buy and hoping to receive this Feb. 14. Also, several ways to have an inexpensive celebration.