I accumulated about $10k in credit card debt during grad school and times of being underemployed. It took me years to pay off, but now I do fairly well with money. I often buy things I don't need to, but I try not buy anything that'll take me more than two months to pay off on my credit card such as a new phone.
My secret is I check my spending at least a couple times a week. I keep track of how much I'm spending on subscriptions, eating out, and entertainment. I have pretty bad ADHD so if I don't see it, I don't think about it. It doesn't prevent me from buying all the things I don't need, but it has made me think twice enough times to at least let me save a little money each month.
I try to pay everything off bi-weekly. I’ll put $100/month into a savings account specifically for trips and big purchases so the credit card hit isn’t as bad when I have to pull the trigger.
This is hilarious. You need to learn about misery tax. thats what your doing bro :)
Learn up
https://thomasjbevan.substack.com/p/the-misery-tax
Lol this is very accurate. Thanks for sharing.
I accumulated about $10k in credit card debt during grad school and times of being underemployed. It took me years to pay off, but now I do fairly well with money. I often buy things I don't need to, but I try not buy anything that'll take me more than two months to pay off on my credit card such as a new phone.
My secret is I check my spending at least a couple times a week. I keep track of how much I'm spending on subscriptions, eating out, and entertainment. I have pretty bad ADHD so if I don't see it, I don't think about it. It doesn't prevent me from buying all the things I don't need, but it has made me think twice enough times to at least let me save a little money each month.
I try to pay everything off bi-weekly. I’ll put $100/month into a savings account specifically for trips and big purchases so the credit card hit isn’t as bad when I have to pull the trigger.