Hello! It is another week, and held out writing my blog, as wasn't sure what to post this week.
I did write a draft out this morning and was going to talk about the England match, but now the urge to write about that has worn off. I know there will be many who blog about football, ranting probably about the #Euro2016 #EnglandFC match, how badly played against Iceland. I have to say Iceland, were impressive when I first saw them play against Portugal, and I did think they would be the surprising team of the tournament.
Looking ahead, I bet there are some people out there glad to get their TV's back, as like my mum does, once England are out of a tournament doesn't watch the rest of the tournament. I don't blame some, sometimes it is just best to just forget and move on.
I, moving away from the focus of the #Euro2016 this week have begun to be into investing and saving my money again. I have started to concentrate on budgeting myself and really become strict with myself again with money. I used to be such a super saver and was told that "You should spend some of your money", but I wish I had never listened. As a kid I would always hide money and be so good at keeping the pocket money I had, and I know if I had kept with being so disciplined with my money I would most definitely be in a better situation.
I am not saying that I spend money everyday, but have stopped being so reckless with money, doing those instant splurges which I know I will regret 5 minutes after, knowing I have now over stepped my budget and yikes I have still got bills to pay this month. I think it is so easy to splurge and think "Oh I want to treat myself", but if you do it everyday or week, then it isn't a treat.
I am in the search of that little girl again who was so obsessed with saving and investing in the items I really want. My husband and I are desperate for a good proper family escape to an exotic country again, either by cruise or flying business class again. We talk about having our own home, but that won't happen if those instant splurges keep happening.
I think it is a lot easier to get into debt because of the amount of choice we have now. It's all there, and buying something is just a click away on your android phone, tablet or computer.
So my focus at the moment is saving and investing. Only buying what I need.
Now we are going to be leaving the EU and none of us really knows what is due to happen next, it is good to hold on to what you have before buying or spending money on anything else, that you don't truly need yet.
The one thing my husband and I are very focused on is our son's future and already we have a savings account set up just for him for his future. We want him to be able to pay his way when he gets old enough to go to college, university, invest in a car or a home of his own one day. It is our kids that we need to plan for after all. They are our responsibility and so it is only right that we secure their future financially as the price of money and things go up.
So lets see how well I do this week, and how good I feel by the end.
Many thanks for reading,
When we look after our money and secure the financial future of our kids, we are setting them up on a good steady road to financial freedom. It also teaches them about the value of money, that it doesn't grow on trees and that if they want something they must in invest first and spend later.
The other lesson I have learned is, if you don't have the money to spend, then don't.