Budgetting like a Child

Anyone out there old fashioned like me?
So you may say, “You aren’t old fashion, your writing a blog online, thats pretty new agey to me.” And yes, it is. I do indulge in e-mail, facebook, my new iPhone and other technologies but at the end of the day I’m a pen and paper kind of gal. I like my college notes to be handwritten (in Sharpie) and bound together in a binder as opposed to typed up in a computer file because by hand I am better able to express myself creatively.
Anyway, as a budding adult I am just beginning to learn the ways of managing a budget. As I previously mentioned I am spending my summer changing diapers, blowing bubbles and playing with dolls as a babysitter. Many think babysitting is not a sufficient way to make money. Although it may not be completely consistent, I am still up to my ears in work. And what do these jobs bring; some cash, a blessing from God in today’s economy. (I thank Him for the amount of work I am getting, He is very faithful!)
I was sick of putting all of my earned money in the bank and having it spent on knick-knacks, such as a pack of gum or a sharpie here or there, never knowing if I actually saved any money. I decided it was time for a budget. This way I could make sure I was saving cash while also allotting money to spend on clothes and crafts without feeling guilty. As one who can hardly turn her TV on, I found managing a budget on the computer would not satisfy my lifestyle.
So I reverted to the childhood methods of keeping jars. I began the process by selecting some old plastic lotion jars I had been storing in my basement and labelled them each and designated a percentage of each jobs earnings to each category.
Here’s what I came up with:
Saving- 10%
Spending (on eating out and activities) -20%
Car-%10
Charities- 10%
Clothes- %15
Crafts- 5%
Tax-%10
And thus is sufficient for the life of a college student. All you adults are now gawking at my percentage of spending which I know will decrease when I need to support a family and am responsible for things like food. For now, this works and teaches me about the process of managing funds. Like I said, often I feel stifled in creativity because of technology, and being able to select jars, decorate them with sharpies and stickers allowed me to be who I am. Who cares if it seems childish? I am being me, child-like, quaint, and simple, but its the only person I know how to be.

2 thoughts on “Budgetting like a Child”

  1. Just another thought: If you find you have too much money in your jars and would like to keep it safe in your bank account, switch out the money for monopoly money. This way you can still see how much money you have symbolically designated to each aspect of your life, but your money is safe and protected!

    Like

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