Money Spending

Money. Its involved with everything, which is why you can never have enough of it. This is a belief that I really believe in because it's actually true. Now, in general, money isn't necessarily needed to survive but in the world that we live in today it really is. However, the big issue isn't what costs money its how people spend their money.

Sometimes people earn a lot of money at one time and think that it will last them for the rest of their life, or the rest of the year. At these times we forget what is important and go on a massive spending spree. Before you know it, you've spent all your money and realize you still need more. I once had an experience like this that helped me with my money in the future. On my tenth birthday I had gained a large amount of money from friends and family. The total estimate was around five hundred dollars. Now, I had never seen this much money before at one time. So I felt as though I would never run out. Through out the rest of the week I started spending my money. I bought music, games, and some other useless junk that would only entertain me for about a week. After spending all of my money I realized that I forgot about what I needed most. New clothes. Now I had clothes that I had already grown out of, and some junk that I would grow out of in a few weeks. This experience really helped me in the future.

Ever since that day I would always watch over my money, making sure I saved enough for those new clothes or whatever else was important. However, even after going through this experience, it's still hard to save money for the important items without going out and getting that junk that you just need to have. The reason it is so hard is because the world is full of entertaining objects that appeal to everyone. There are ways that we can control our money spending habits that I have learned to use. One way is to set up a limit of how much to spend. If you've just gained a large amount of money you can put a good amount, that will be enough for important goods, into a bank account and only keep out a small amount that you can use on what you want. Another thing you might try is to actually think about what you are buying, this is for the entertainment items you might buy. Think about how much the item will actually affect you and for how long, because you don't want to buy something that will only be interesting for a week.

With these ways of controlling money I have learned how to control my spending habits. If you don't spend your money wisely, you could end up in a lot of trouble. In this world, money is everything.