Budgets and frugality and money hacks-- Oh my!
By Kimberly Lew (Playwright/Blogger)
With some transitioning in my career, I've recently decided to really evaluate my finances and try to see where I can cut some of my spending-- you know, a thing that responsible adults should probably do on a regular basis. I don't think I'm bad with money or spend outside of my means, but I do often have a "You can't take it with you" mentality when it comes to money that could always be curbed a bit, especially when it's a leaner time.
I would also like to say less money, more problems. Just more problems in general.
Since college, money has been a huge stress in my life, mostly because I am still very aware of the student loans I still owe, rattling their chains and shouting snarky things like Marley and Marley in A Muppet Christmas Carol. Still, my philosophy has always been that I'd rather just work harder than sacrifice, pick up an extra shift or hold on to an extra job rather than deny myself a night out with friends or getting to treat a friend to dinner. And I still strongly believe that that is how I ideally would like to live my life. but the time has come to reassess and reevaluate.
Firstly, I signed up for Mint.com, a budgeting website where you can plug in your credit card/checking accounts and categorize your spending. It's eye opening to realize what percentage of your monthly income is going towards thing like taxis or bar tabs, and you can actually set budgets for each category. It's also nice in general to aggregate your spending vs. your earnings.
With that in mind, here are some areas where I realized I could save some cash monies: