For the month of April, I managed to follow a budget that I had set for myself. The lesson of my “account for your expenses” trial a few months ago was that there is no point accounting for expenses if I didn’t follow a budget. So I eventually got around to doing it, and I’m happy to say that I managed to follow it. Despite some unforseen events, I was able to stick between the spending limits that I had allocated to different categories.
It’s not really a trial per say, because it’s one of the things that everybody knows it’s better to do it, than not do it.
I didn’t like to do it, and even after 30 days, I still feel frustrated. I can’t buy everything I want, and any visit to a book shop, or to an electronics shop is excruciating. I even caught myself thinking: that two metre wide big screen TV is only 150 euros/month, just buy it! GAH!
It wasn’t fun at all not going to the restaurant all the time. Or watching my spending when going there. One night was particularly painful. I went to see some friends I hadn’t seen in a while, and now, because I don’t drink alcohol and eat only when I’m hungry, I only had one main course. When the bill came, I asked to pay only my share, as everybody else had had wine, several drinks, and dessert.
Asking for this was painful. There was an uneasiness at the table. I don’t know if it came from me, or from the others, but I didn’t like it. Then I was asked to share a taxi, and I said no, I’m taking the bus.
My friends asked me how come I was watching my spending after I got my new MBA job. Granted, I earn a much better living than before, but I’m still reimbursing student – and credit card- debt. And if I follow my planned budget, there shouldn’t be any improvement in my spending until January 2009. I didn’t really understand why I was being questioned for my choices, and I felt that people thought I was some kind of uncle Scrooge or something.
The same people asked me about week ends to Brittany, London, the South, etc… Right now, I had to turn them down. And this is making me feel like shit, unsuccessful, a loser, etc etc.
Anyway, at least I was able to follow my spending for the 30 days, so that’s one success in all this.
I think that this is part of the learning process, not to give in to every buying impulse I have, so I feel frustrated I am still at the beginner’s stage financially, when they all seem to be doing so well… So right now, no kite-surfing trips, no London trips, and no big screen TV