It's been...

swell, fun, amazing, and life changing. Okay, maybe not life changing.

It's been a challenging semester; as always working full time and attending full time. A balancing act, you never quite learn. This blog has helped me in more ways then I originally thought.

My very first post. What have I accomplished over the course of the semester?

1. Stop impulsive spending - Yes. I can say with confidence this is under control. I now take the time to evaluate whether I need what I want. It's really helped my spending, and honestly I find myself getting more creative. That's the best part, the creativity.

2. Get 3 months worth of bills in savings - No. I had a few hundred dollars in my savings account, but my damn car needed repair for new registration. But I am working on building it again. I'm confident that I'll be able to bulk it back up here shortly.

3. Reduce budget - Yes and No. I've saved on my grocery budget since I've started cooking more. But gas for the car has gone up with recent prices, and the constant commute; however that will also reduce over the summer, and again once fall semester starts.

It's been a struggling semester, but another step closer to graduation.

Thank you for being a part of this. I plan to keep this blog going throughout the semester, although it might merge with my personal blog.

Cheers,

Ms. Manda

Bonus Time Baby!!

I'm not sure if I've mentioned this but I get a quarterly bonus at Job 1! It's pretty awesome, I miss having bonuses.

I receive my bonus on Wednesday! What shall I do with it?

A new desk lamp?

A cute new Fedora?

These adorable wedges?

I could spend it all on clothes and home decor, but instead I'm going to put it towards Hank the Tank. The quicker I pay him off, the quicker I can focus on my credit card debt.

I'm excited to see how much this will effect my future payments.

Ooo...for this class I created a website about Public Relations. It was my first time using DreamWeaver, so be nice.

Check it out!

Cheers,
Ms. Manda

Retirement here I come!!

I got a letter in the mail last week from Fidelity Investments, it was a introduction to my option at a 401K. ::squee::

Knowing that I love this position, the job I'm doing and where it will tak

e me; I decided to take the plunge and sign up for my 401K. I weigh the pros, cons and how much it will take out of my already thin budget.

Solution - I'm not attending school during the summer which means working FT which means 10 more hours of work a week, an extra $540 a month!!

My 401K doesn't take effect until May 20th and will be $52 per check or $104 a month. I know it's not much, but it's a start and as my salary increases so will my contribution.

In May 2012 (when I'll graduate) I will have $1248 or so in my 401K.

Not a ridiculous amount, but I opened it and I can take with me to each job. Or change it to a savings or IRA.

Do you have a 401K?

Cheers,
Ms. Manda

Confession!

I haven't been going in early....but I have been staying 30 minutes longer. Not only do I get home quicker, no more traffic and still making money. Win, win.

I did have an unexpected expense come up that pretty much wiped out what little savings I had. Sucks. Damn cars.

My car was up for registration and I failed emissions. WTF. I had to put in $520 to fix it, which cut into the alloted $170 for renewal and emission fees.

$520 - $170 = -$350

That's right an extra $350 that wasn't budgeted.

It's been a rough month, but I've saved almost $20 this month in grocery fees. Stay positive.

Cheers,

Ms. Manda

Me, me, me!!

Hi! I'm Amanda and this is my 6 month journey to spend less and save more money.

I've always been bad with money; spend more then I make, impulsive shopping, frivolous spending, and never saving for a rainy day. I want to be better with my money, especially since I'm graduating in December. I need to learn how to save money, budget better and more.

As a princess, I want the biggest, best and brightest things, which won't be fun to give up or reduce. But the whole point is to cut back on my spending and save more.

I have 3 goals to accomplish this...

1. Stop impulsive spending

2. Get 3 months worth of bills in savings

3. Reduce budget

I'll be challenging myself weekly, keeping track of it here, and reflecting on my progress. I won't lie, I'm nervous as hell to stop spending so frequently. I can't think of much to do without money. Life of a princess, I guess.

And away we go...

Cheers,

Amanda