Until Then Bloggers…

I started out this blog to prove to my parents and myself that I can move out and live on my own. I talked about all of the key things that I feel I need to know, as well as what any young adult would need to know.

As of right now my problem is still unresolved. I am still at home. I hope to move out by January. I know, I know, I wanted to get out ASAP but I just recently go fully accepted into ISU. I know! Yay for me! I think that going to a new college next semester will be an adjustment so I want to make sure I can handle it. Also, I need to find reliable roommates whom I can trust.

I am overall satisfied with my research for this blog and I truly hope that other young adults can make the move into adulthood with the help of my blog. Thank you all so much for the support and interest in what I have to say! Until January…

-pennypincher123

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Bills Bills Bills

I know that I needed to know how to take care of my own bills, but in talking to my parents they are thinking of purchasing the town home for me. I know! Sounds pretty spectacular.. so I will not have my own personal bills coming to my townhouse. But eventually I will, so here’s what I will do…

Alright, this is what I took from the financial class my mom made me take as a junior in high school at my church; stay organized. Dave Ramsey is his name and money is his game. He is the ultimate financer. The most helpful and important tip I can leave with you from him is to separate your money. In order to avoid debt, all bills must be paid when they are due. His very helpful tip was to use a coupon booklet (with lots of pockets) to separate the money you have for where you must spend it.

For example, on my blog, Budgeting, I listed out how to spread your money over a whole month. So, to insure that my $1,000/ month will go to exactly what I need it to go to, I will categorize it.

Many young people my age open their wallets to just one section of cash and take how every much out that they need to pay their grand total at the register. Many spend too much money on clothes (me) and others on alcohol (college life). Soon the money in their wallet is down to a bare minimum and they do not have enough to afford groceries, rent that month, etc. splitting up your money into categories, like I did in my blog budgeting, ensures that you only spend the amount you have on all they things you need. So my advice to make sure the bills get paid is to think about how much, on average, each bill will be and keep that money aside. Only touch it to pay that bill, nothing else.