START TRACKING YOUR SPEND
Get to know where you spend, how it makes you feel and what really matters when it comes to your money!
Let's stop pretending that being good at money means you need to be good at math. Instead, let's listen to our body and our mind.
Are you breaking even on your budget? Are you still eating ramen after college even though you thought you’d be eating steak and lobster? Are you renting a modest 2-bedroom apartment with your best friend? That’s okay. You’re doing okay.
As a full-blown (and proud) millennial, the realization that it takes us a little bit longer to grow up than it did our parents has been eye-opening. While we stumble through our student loans, stagnant wages, expensive home ownership dreams, and bill payments that cannot be stopped — it hit me.
I didn’t consider myself a full-blown adult until I started to pay ALL the bills. And yes. I mean — all. the. bills.
Including removing yourself from the “Telus Family Plan” cell phone bill that your loving parents started when you got your first flip phone.
I mean, for me it was the day after starting my first big girl job. I suddenly had to figure out how to pay rent, make minimum payments on my maxed out credit cards I thought were “free money“, and still afford groceries on a seriously sad salary.
We are all working towards giving off the appearance that we are adults. Some of us are really good at pretending, while others are actually pushing themselves to the limit. Sometimes it’s frustrating watching your friends complain about expensive bills, all the while still receiving a monthly “gift” from their folks to help pay their bills.
The bright-side, though? You are totally going to be ahead of the game even though you think you’re going to be behind.
Although you’re currently struggling — you know how to struggle. Although you’re currently living modestly — you know how to live modestly. Although you’re on a tight budget — you actually know how to budget.
I truly hate the term “adulting”, but the fact of the matter is — we are becoming responsible human beings with each passing payday, retirement plan, and mortgage payment.
So, if you’re feeling super behind compared to the rest of your friends, here are some things I’m sure you can relate to. Maybe some, maybe all — but either way you’re getting there. You’re becoming a financial superstar, and I’m extremely proud of you.
You have your priorities straight. Growing up means that all of a sudden, out of nowhere, your brain decides that your priorities are changing. Night clubs become less important, setting up an RRSP or 401k seems very important, and meal prepping while you watch Netflix (because you cut cable) is a regular Sunday.
You’re spending more money on things you actually need Like, oh, I don’t know, groceries and tylonel.
The only person you rely on to make your decisions is good old you As good as your friend Becky-Ann is at giving advice about whether you should swipe left on Tinder or whether that extra shot of tequila is a good idea — she’s probably not the best person to go when you’re considering a new job offer, deciding where to invest an extra $500, or whether financing a vehicle is a smart financial decision.
You’re used to making mistakes, and you’re also okay with it Literally none of us are perfect. So, it’s perfectly acceptable to eff up and move on as though nothing happened. It’s also okay to take responsibility for things too. We’re learning, and that’s one of my favourite parts of our generation — we want to learn and take accountability.
Feelings are kind of relevant to how you, well, um, feel Ironic, right? You actually have to take care of your feelings so that you can be this full-blown functioning adult that you’ve come to love. The best part of growing up? You start to know what these feelings mean about the people you surround yourself with, and the personal relationships that make you who you are.
You’re more health-conscious and aware of your personal appearance Sometimes you’re wild and get a salad, you love to floss, and you’ve even used an iron or steamer before an important event.
You can take care of yourself financially. You can’t fall back on anyone else if you’re struggling making ends meet. It’s so scary, but it’s also so liberating.
Your savings goals seem astronomical Rather than saving for a night at the bar, a new video game, or a lipstick (because yes, that once required saving), you now need tens of thousands of dollars to achieve your financial goals. It’s a well-worth-it-struggle.
Sleeping in is a waste of time And also, sleeping in is like, 8am. You feel like a literal piece of dirt if you miss any part of a day because you have errands to run god dammit.
Just remember, no matter how hard things get — there will always be a bright-side (that cynical you hates), there will always be a friend to cheer you up on your down days, and there will always be a tomorrow that brings new opportunities.
Look at me, being all inspirational and shit.
What is a piece of advice you can give someone else who feels like they’re behind? Or what is something that makes you feel right on track? Let me know in the comments!
Oh no, you missed the live webinar! But, good news: Mixed Up Money is pleased to share a free resource for anyone planning for a future child or family.
Mixed Up Money is pleased to share a free resource for anyone looking to cut back on non-essential spending. My most-requested product is these monthly calendars to share on your Instagram story, use as a phone background, or print off to track your spending habits.
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