Amanda Stanhaus

Tag: save

Update: Vespa Goal

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I’m doing my best to save $$ for my goal of a Vespa by Sept. 2014. In addition to my automatic savings, this winter I walked when I could and put the saved fare in a jar. And surprisingly, I rarely took taxis.

But now that spring has sprung, I will be able to fully realize my new year’s resolution…I have not bought a metro card.

I am planning on walking everywhere, otherwise I will pay each public transit fare in $$. Sounds like a pain in the ass, right? I want it to be, so I force myself to walk and put that saved $$ towards my Vespa.

See you on the sidewalk!

(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

 

 

Career Move

When will I buck my bottom of the barrel status?

I can’t answer that right now. In the meantime, I can do everything in my power to make that happen ASAP.

I’m taking my time, being patient. But I also know there is never a perfect time. So, I create perfection.

Whenever I’ve negotiated for more responsibilities and a matching higher salary, I’ve negotiated as though I was ready to leave everything behind.

My negotiation prep includes: months of living expenses saved, spiffy linkedIn profile with fierce photo, and info of all my contacts at my job.

Essentially, I’m ready for battle.

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(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

Saving is Sexy

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I’m alway aspiring to make saving sound sexy, but Helen Gurley Brown was the original.

Here are a selection of Helen’s tips from what’s basically my bible, Sex and the Single Girl.

-Scrimp on what isn’t sexy or beautiful or really any fun, so you can afford what is.

-Never pay more when you can pay less.

-Don’t subscribe to a newspaper if you see one at the office or can borrow your landlord’s.

-Ditto magazines. Ask a friend to pass hers on after she’s read them.

-If you pay the bills, turn off the lights when you leave home.

-Give up smoking.

-Negotiate with everybody.

-Don’t undertip. This little economy is unworthy of you.

-Work for a rich man.

-Get adopted by a wealthy couple.

Got it? Got it!

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(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

Emergency Fund

[Flashing lights.] “Must spend money.” This is used up quickly when in a pickle. $$ must be saved in advance.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Aspiring Millionaire

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I used to wonder about ladies parading around in red-soles, how much does she make?

I’ve learned it’s better for me and my jealousy for that to be none of my business.

With the dawn of credit—clothes, shoes, and accessories became no indication of net worth.

I spend BIG on non-smudge eyeliner. And skimp on Hanes boy’s t-shirts.

New goal: look as fabulous as a millionaire while I save to become one.
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(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

Goal Setting

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Vespa with matching helmet!

I want it in dragon red. And I like getting what I want.

But, I’ll need $5,000. That’s for the cheapest one. But not being able to go faster than 39 mph is just fine by me (and all who love me).

Now I need to save, save, save.

(click on the bold-faced vocab words:))

If I put $500 away every month into a money market deposit account with an interest rate of 3% that is compounded quarterly, I’ll have more than enough a year from now.

This combo of saving and waiting could be good for me.  Remember, I’m not trying to be cookie monster.

I’ll feel the pain of delayed gratification over the next months.

Hopefully, separation does make the heart grow fonder.

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(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

Creating a Budget

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How much $$ to budget for music per month?

(click on the bold-faced vocab words:))

Of course, there is no right answer to this question.

But actually, I need to know. Because I am painfully talented at justifying musical purchases.

Last night’s train of thought…I must support the hot, bearded guitarist, who has been playing just for me all night, by buying his cassette tape. Fun fact: I don’t have a tape player…

Mint has cleared up my confusion! It created a budget FOR me, based on my previous months of spending.

PLUS, I could compare myself to the average american’s spending habits.

Dream=Reality.

I was able to create an actually realistic budget with the help of my fellow citizen without awkwardly asking anyone. Rock on, Mint! See for yourself here.

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(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

Receipt

Slip of paper with the details of my purchase, $ amount, name and partial credit card #. I like to keep these.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)