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Cheap Students Monday Roundup 3

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Cheap Students Monday Roundup 3

For the first week I decided to go with a theme and then that crashed and burned after 2 posts but here’s my go at the 3rd installment of the Cheap Students Monday Roundup.

First is a post by Studenomics-Experiences That I Blew a Fortune On. Yes I know this isn’t your typical personal finance article, but hear me out. Summer is about saving up for university tuition but is also a time where you need to enjoy some experiences. Experiences are said to make individuals much happier than just blowing money on clothes or tv’s..just saying.

Another article from MondayAfterGrad entitled What a $350 Concert Ticket Buys You which once again talks about experience’s and what you really get for the huge price tags you pay for concert tickets. I love Maroon 5 but $350 is pretty steep.

And then some posts to get you in a terrible mood, but make you think.

From Andrea at SoNotOverThis a post called Student Loans: Do People Really Know What They’re Signing? is a great one. Were you really aware of what you were getting yourself into when you applied for student loans?

Another great post by Krystal at Givemebackmyfivebucks called Would You Ever Date Someone That Has Debt? Another thinker here, I as per usual had a pretty strong opinion on it but it’s definitely another great thing to think about

Hope you enjoy these great posts. And also send your thoughts and prayers out for those affected at the Boston Marathon today, such a horrible thing to happen.

Weekend Spending Challenge

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weekend spending challenge

So you might be asking yourself…why is she doing SO many challenges. Well contrary to popular belief I don’t write down every purchase I make, and my co-op job has allowed me to have a bit more cash flow than usual. This has lead to me spending probably more than I should on weekends, where I’ve headed to Guelph or gone out with friends in Toronto. I’m sure a lot of you can relate. You wake up Sunday morning and ask yourself..where did all of my money go?

Weekend Spending Challenge

So here’s the challenge. Next weekend coming up, write down everything you spend. We’ll call it the weekend spending challenge. You may not remember exactly where you bought your post bar food, or how many bars you went to, but keep track of how much you take out in cash, and then also check your bank account online. Tally up the total amount spent and damn you might just be surprised how quick it adds up. Those living in smaller towns may have have much smaller weekend spends just because everything is cheaper but it’s still a great test.

Start it this weekend or the next and see how it goes. Are you spending a lot? Find ways to cut down on your weekend spending. This is really important especially in the summer when you start to have an income. You may be more likely to spend a ton of money and not even realize when it’s too late at the end of the summer.

Keep track and start the weekend spending challenge, it might just help you save a lot of money.