Chances are that if you are in your mid to late twenties, you have your first big girl (or boy) job, you don't have kids, you are possibly getting married and you are needing to save for your house, wedding, cars or other big expenses.
My Background:
- I am 26, living in one of the most expensive places in the US...The Bay Area in California.
- Living out here has made it difficult to save for things like an overpriced house and a car.
- I have a full time job that pays decent
- We are lucky enough to live with our parents. We pay them some rent, but that is a HUGE savings
- We are also getting married next year so that makes for another big expense
- Friends are getting married/having kids which means increased travel & gift expenses
- My fiancé is in school so that means one income for right now
- We want to save for a house & build our emergency savings
- We want to have some fun! We live in a beautiful state that we want to enjoy!
- The way we have our budget set up means we have saved, we have spent and we feel like its a good balance for us.
Making over your budget isn't hard, but it does take some discipline, practicing the difference between "needs" and "wants", and learning to say no sometimes. With a little time and practice, you will be saving money, paying down debt and still living a full and satisfying lifestyle.
