Posts tagged "teen savings"

FAKE It or MAKE It!

From fresh kicks to the latest hair trends to your 50 bottles of nail polish scattered in your room, they all have one thing in common. Umm yeah, they cost money, right? Right! And another truth about these items is that just because you have them doesn’t mean you actually have  extra money or should I dare and say ‘savings’? So even though you may look like you have it together that may be far from the truth. Alright, so scroll through to see if you want to FAKE it or actually MAKE it.

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Stay In Your Lane- Just like they taught you in Driver’s ED to stay in your lane, the same rules apply when it comes to your coins.  Just because your friend blows money without working doesn’t mean you can do the same. Remember, you put in hard work on your part-time gig after classes to get the extra cash flow. Spend wisely. And plus, you’re getting a jumpstart on adulthood that your spoiled home girl will have to catch up to. Again, spend wisely.

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STRUGGLE mode now or BOSS mode later- Ooh we all love shiny, new things to add to our collection. But let me ask you this, would you rather be able to splurge just for the moment or actually have a lifestyle where you can flourish for years? Sacrifices today pave the growth of tomorrow. So don’t feel bad for packing lunch or not getting every refreshment at the movies. You’re just in prep mode for the rest of your life!

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Savings are GHOST!- Okay, so this is tricky. In a world where we can’t get through 12 hours without sharing a ‘fun’ update about life, we have an itch to tell the world how much we’re saving especially if you’ve been cutting back. Well, this is a personal win that at the right time as you’re getting older will naturally slip out. When you’re the only one in your crew not stressing about hitting the college bookstore or even when spring break comes around you’re not scraping for that senior trip! Just know savings will come in handy in numerous ways + that’s always better than an Instagram debut.

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Time To Stash!

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Finance, Latest | by — August 13, 2012

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So you have your part time check and what’s on your mind? Let’s see…. shoes, car gas, movies , nail polish and those dope pair of jeans you saw last week. You say to yourself, “Well that’s about it! What else do I really need to put my money? I bought everything I want and even needed!”

Hmm well “Congrats!” on buying your weekly needs and even throwing in some of your wants but you receive a “F” in the class of saving. Sorry to break it to you, if you’re not putting money away for rainy days it’s going to take you awhile to get the passing grade. Yes, I know necessarily you feel like either there is no point of saving, you don’t make enough to save or even don’t have anything worth saving for in my life. Well I’m here to break it to you that “Saving” isn’t your worst friend or evil nemesis in actuality it’s your best friend in camouflage. Still think I’m lying?? Ok, here it goes…you made me do it….

Rainy Days– Yes, we would love to live in a perfect world where you know what would happen next but unfortunately we don’t (at least it keeps life exciting, right?). Anyways let’s jump back on track. So you never know what can happen and yes that includes unexpected expenses. I know looking at your checks you feel like you don’t have enough money to save, well you’re wrong. You do not have to put hundreds in the bank a week, just put what you can afford. Instead of agreeing on an amount of what you would save because your check changes every week, agree on a percentage. So let’s say every two weeks you put 10% of your check. Trust me…it adds up!

Swap Out!– Sometimes the best trick when it comes to savings it is to do the “ Swap Out.” You ask what the swap out is, well I’m so glad you asked! The swap out is when you look at the list at the things, places, and people you spend your money on and see what you can swap out for savings. So instead of your money buying new accessories take that money place it in your savings account. By you doing this you can save more money by just limiting yourself.

“You Can’t Touch This”– Just like MC Hammer said as he rocked the stage same goes with you and your savings account. As excited as you get by how much you are savings you have after couple of months, make sure you do not touch it. And if you do it has to be in emergency situations in which the savings were made for! Oh and let me get one thing clear the shoe sale at the boutique does not quite make the cut!! I know it may seem like self torture now but you will thank me for this later

-C.O.R.E Family

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