Budgeting Money!

When I was five years old, I opened a savings account and since then I have continued to put money in it! After all the years of it building up, I now use that money for things I need to pay for. I have learned that is crucial to keep track of your money. What your taking out and what your putting in. No matter what type of account it is, it is good to know what is going on with it at all times. You should know your priorities over your wants. You need to make sure you have money for your bills, before going out and spending it on things you don’t need. If you do not watch this from the beginning this is how people acquire debt. Which can be very bad, and hard to turn around.  I was taught at a young age to manage this, by my mother. If you want to make a big purchase you should make sure you have enough money, and enough money to pay whatever else needs to be paid that week or month. 

This woman Suze Orman, She has her own T.V show and people call into it and ask her financial advice. They tell her all about their income and what they spend, what they have saved, and what they want. Suze then, either denies or approves them. It also teaches you a lot, about what you should be doing. If you start financing your money now, then you’ll be able to pay off your student loan, and wont have such bad debt, that youll be able to get approved for things when you older. Such as houses, marriage, cars, etc. 

 While I’m going to school, I go home every other weekend to work, and during the week I have a work-study position. I call alumni for donations. I have these two jobs so I can pay for my car insurance, and gas. Also I have to pay for my cell phone. While I have these jobs, I’m saving as much as I can, so it will be beneficial in the future. If we all do these little things now, it gives you a better future with money!