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That's incredible organic_donna! Good for you for taking that level of control!
I don't know if I could be as frugal as you were, but it's a good lesson that there are ways to save here and there for just about anyone who is earning a living wage.
Well, I sat down and wrote out my bills. That was the first time I had ever done that. From that day on, I lived on a budget. I taught myself how to save and invest. I bought my first condo and began to build my future. Then I started to plan for my retirement. I loved saving and investing. It was a game to me. I loved being able to save money on such a meager income. That made it all the more challenging for me.
I felt like Scarlett O'Hara in "Gone With The Wind". I vowed I would never be poor again.
Well, I sat down and wrote out my bills. That was the first time I had ever done that. From that day on, I lived on a budget. I taught myself how to save and invest. I bought my first condo and began to build my future. Then I started to plan for my retirement. I loved saving and investing. It was a game to me. I loved being able to save money on such a meager income. That made it all the more challenging for me.
I felt like Scarlett O'Hara in "Gone With The Wind". I vowed I would never be poor again.
Great story. I feel the same, I don't want to be poor again. Btw, Gone with the wind is my favorite book.
I was lucky in that my parents, especially my dad, taught me the value of money from a very early age. I had my first savings account at 7 years of age -- a passbook savings account. It probably earned more interest than today!!
I learned I had to save $$ for things I wanted when it wasn't my Bday. My dad would match the cost of something but only if I saved up my half first. I was getting $3/week allowance back then and did odd jobs to make more money. It was a fantastic lesson to learn; I had to be disciplined and focus on what I really wanted.
As an adult I've always lived within my means, and while my parents have been extremely generous with me, the money they did gift me I would generally save or invest. After my dad passed I got some $$ from his life insurance and I immediately put it into savings (investments). I've had periods of unemployment since 2001 but have tried to make the most of the years I have worked, saving and saving some more.
My goal now is to be able to "retire" (eventually quit my corporate job) and not have to put up with any more of that B.S. or have the employment rug pulled out from under me. I'm not there yet but I'm working on it!
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