My September Rest and Rejuvenate challenge has been hard but rewarding. It has forced me to think outside of the box and get creative with my writing topics and themes of discussion. Something I have really wanted to sink my teeth into and start dispelling the taboo around is the somewhat-painful subject of money.
Personally, I have never been afraid to talk about money. Sometimes it speeds out of my bank account by the truckload while other times it comes in sporadically. Imagine drips from a broken sink – it can be that slow. Despite its fluctuation, however, I have always been taught to be open and honest when it comes to my finances. I am also extremely thankful that my parents showed me the value of money at a very young age and the importance of saving it too. This is a massive privilege.
For many, however, personal finance is an insanely difficult subject to discuss. There is budgeting and charging correctly for freelance work amongst debt, saving up for designer splurges, and having enough after bill day to put food on the table. Money for some is the ultimate taboo, but it really doesn’t have to be.
While I am open to discussing money and personal finance with my friends and colleagues I tend to shy away from speaking about it online. Before recently, I genuinely didn’t believe that I had the authority to discuss ‘personal finance’. I am a 2019 university graduate with a stack of student debt, have less than 10K in my savings account, and am not saving this money with a big purchase (house/car/baby) in mind.
But, I do pay my bills. I pay my rent on time. I save at least 10% of my wage each month for ‘a rainy day’. I pay for my own Netflix account and I pay for Rudy’s pizza and a Hugo Spritz when I fancy it. Sometimes, I spend too much on groceries, and other times I manage to deposit a healthy amount into my savings account. I have the authority to talk about personal finance because I earn money and I spend money.
This is the first of how many ‘money diaries’ posts. I’m hoping that this series grows as I learn about what the fuck an APR is, how we can easily improve our credit scores, whether or not a joint account with your boyfriend/girlfriend/your everything is a good idea and how to create a fully-functioning budgeting spreadsheet.
Join me on this wild ride as I (and we) discover the best way to save; what the criteria are to gain a mortgage and how we can dispel that pink pastel princess Klarna from our lives, forever.
Without further ado: WELCOME TO THE MONEY DIARIES.
It’s great to have you here.