Maybe I should spend less, and focus more on saving

United States
September 21, 2011 5:48pm CST
Within this month, 3 of my co - workers change a new vehicle, and two of them purchased a Lexus respectively. I just a bit jealous, and also envy them. I look at myself again, why couldn't I do something like that. Why can't I have my own new car too? I also look into my bank account, and the debt I have with credit cards and personal loan, I felt so shame. The instant moment, I was thinking of when I look at my co - workers' Lexus, I should focus on saving more money in my account rather plan on having fun somewhere and keep on spending money. Shame on me as I realize it.
1 person likes this
4 responses
@Netsbridge (3253)
• United States
21 Sep 11
It is always a good thing to get into the habit of saving, especially when your finances are good. I love nice and expensive things, but I only buy them when I can really afford them. I have never been a compulsive buyer.
@stephcjh (38473)
• United States
22 Sep 11
True. We must learn to spend our money wisely and save some if we can.
@janevi (888)
• Philippines
22 Sep 11
Proper resource management is the key to get what you desire and wish for to have in life.Prioritizing your needs comes second. Setting aside a fix amount for savings is very helpful and admirable because you have self-control and self-discipline. It is very important in making priorities in order to achieve your goal. Try it and you will be amazed at how it can improve your lifestyle.:-) Sometimes adding strategy to it is also very helpful.
@stephcjh (38473)
• United States
22 Sep 11
That is true also. I always write out a budget.
@janevi (888)
• Philippines
23 Sep 11
Yes, it saves time, money and other resources that is related to budgeting.
@stephcjh (38473)
• United States
22 Sep 11
Yes. I think that would be a great idea. You are young and it is never too early to start saving some money if at all possible.
@inertia4 (27960)
• United States
28 Sep 11
Consider that a lesson learned. You should always be putting money away in the bank. Don't go getting jealous like that, pay off your debt, save money and then you to can own a Lexus. Maybe you will be able to buy a Mercedes instead. But remember to always put money away.