Living and Saving on a Budget

Having a savings account and a budget is still a rather new concept to me. For most of my adult life, I’ve barely been paying rent (let alone other bills), getting the majority of my food from food banks and churches, and asking for help whenever I had any type of emergency.

It hasn’t been until the last two years that I’ve started becoming independent.

Beyond Turner being on his parents’ family plans for his health and phone bill, we pay all our own expenses and are building up a (small) savings.

It can be truly difficult to live on a budget, especially with low income and attempting to quickly save money. We often miss out on paid events we’d like to attend and turn down invites to bars and restaurants because of our tight budget. Well, that and because of how late everyone usually wants to go out and how early we tend to go to bed. When we’re up to it, we try to offer having people come over to our place instead so that we can save money but also still be social.

We discuss every purchase with each other and keep receipts for all purchases. For non-food items, we keep them both to track our expenses as well as make returns if needed. We make sacrifices in our spending so that we can save for things we need, pay student loans, purchase new equipment, and have an emergency fund. It takes an incredible amount of willpower at times, especially when we haven’t decided what to do with our fun budget. But every penny saved and put towards our dreams is worth the struggle.

However, if you’re sharing a budget with someone, you must be open to communication and potential changes in the budget. Turner and I have been tinkering with adding a hobby/electronics budget that will help us toward our future career goals. The conversations can get confusing, frustrating, and defensive. They can cause us to get upset with each other for a bit, but being honest and willing to listen to each other are the only things that will keep the budget and our relationship healthy. We’re still trying to figure out how our budget will change, and once we’ve settled on something, we might find another thing that needs to be different. But health and growth in any aspect of life are things that only exist in a constant state of evaluation and adjustment.

What are some things you’ve made room for in your budget? What are some of the things you’ve changed in it? Let me know in the comments!

Published by A Boggus Life

I am an eclectic reader and editor who solves Rubik's cubes, writes, draws and paints, and longs to live in England and France.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: