I’d say that I have never been particularly “well off”. I went to private school for Primary school, but that was because my parents moved to the area too late for state schools. Also, I ended up having to leave in year 9 because there we could no longer afford it. I feel like my parents always have had enough to look after me and my sister and maintain our house/food etc. However, they taught me the value of money, and for that reason, I’ve been quite good at managing it.
I’m now in my third year of University and I’ve never gone into my overdraft. It’s not because I’m rich, and it’s not because my parents constantly bail me out, I’m just very good at budgeting. I’m realistic about how much I have to spend, and I have a good balance between being strict and allowing myself to have nice things. However, it doesn’t mean I never worry.
Staring at my pre-emptive budget spreadsheet for the term, I realised that things were going to be a lot tighter than usual. I’m living in a house of 4 instead of 5 with the same sort of priced bills, I live further away from everything so travelling costs more, my gym membership has increased in price, and the loan I get has decreased. I wasn’t exactly going to suffer when it came to food, but things were shaping up to be a lot more expensive than previous years. I was crying down the phone to my mother, a little deflated by it all, and she gave me the usual “You know, we’re always here to help if you really need it” speech.
The issue was though, I don’t really need help. Part of my breakdown was a product of guilt, because me crying about money felt like such a first world problem. I have enough money for food. I have enough money to pay bills and rent. In theory, that’s all that I need. What was stressing me out is that I wouldn’t have enough to treat myself to the occasional takeaway, or trip to see my boyfriend (Long distance sucks), or winter clothing item. Don’t get me wrong, I really don’t shop that much at all. However, it was stressing me out knowing that I had no leeway to.
Is that selfish? I felt so bad crying in the first place, because there are obviously people in worse positions to me. And like I said, I know that if things ever got bad to the point where I couldn’t afford to pay for food or bills, my parents would be there to bail me out. However, I couldn’t help the stress that I felt, and I’ve never been in a position of worry like that before. After some calming down and some readjusting, I realised that I was going to be fine… But yeah, it was all a foreign concept for me.
Whenever I have a breakdown, I lose all sense of logic. Then, after the tears and the panic attack, I calm down, evaluate the situation, and realise that things aren’t going to be as bad as I thought they were. In this situation I was able to lay out the following things.
- I like walking more than I used to. I live near a bus stop and get student prices. Getting around will be fine.
- I online shop once, maybe twice, in a Uni term. I’m really not going to lose as much as I think.
- I’m a student. Though I may put pressure on myself to save, nobody else is putting that pressure on me.
- Yes, I put all of my blog earnings straight into a savings account, but that money is there to dip into if I need it.
- I get student discount and there are always sales. If I really need to shop, there are ways to.
Since being a student I have greatly used the beauty that is student discount to my advantage. I’m a bargain hunter, and it is very rare that I buy something at complete full price, with no deal involved. It’s become quite a skill of mine; one that I’m particularly proud of. Therefore, when latest deals asked if I would work with them on a post, it seemed like a no brainer*.
Latest deals are a website where you can search products, and it will show you the deals available from a bunch of retailers, so you can find the best price. For example, if you’re looking for a Garmin like this, you can compare how much John Lewis, Currys/PC World, Amazon and more would charge for their version. Essentially, it’s a place to do the discount hunting that people like me were doing anyway, without having to check each website individually.
I can make it through this year money-wise. In all honesty, it’s not going to be as bad as I thought, I just had a slight panic. I don’t spend as much as I think I do, I just like to have a little extra space, but that’s not needed. I have deals and sales if I really want to save money, with sites like the Latest deals making it easy for everyone.
Hope you enjoyed this, I wasn’t sure about posting it, because of the guilt that I felt (Mentioned earlier). Let me know what you think in the comments!
Lots of love,
*DISCLAIMER* This post was sponsored by latestdeals.com. However, all opinions are my own. I pride myself on being honest and genuine, and only work with companies that I feel are a good fit for me or my audience. If you would like to read more about how I work with companies, you may do so here.