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Manage Money

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Introduction

The dumbest thing I have ever done with my money and what did I learn from it? S-A-L-E, SALE! My favourite four letter word. Hello, my name is Laurie...and I am a shopaholic. I am a person who shops compulsively and can't resist bargains. I go shopping at least three times a week. It was mandatory and I needed it to live. It was like my own brand of heroine. I believe that I need to go to shopaholics anonymous. From shirts to shoes to the jeans, books, music Cds, electronics, handbags and not forgetting the many trips to the movie theatres and going out with friends. Hitting up the malls, fashion stores and boutiques in the city, dropping hundreds of dollars every time, the adrenaline started rushing when I see a handbag or a pair of heels that appeal to me. When I found a really cute shirt or a handbag, I had to get all the different colors in the same style. ...read more.

Middle

My bedroom closet is full of clothing, still with tags on it and hundreds of handbags that was carried once or twice. I ran out of room that I started invading my mom's closet and my brother's closet. I dropped money seeing movies at the theatre like there was no tomorrow. I had no respect for the value of money. I used every form of cash to shop with. From my pay check, to my debit to the Visa my mom gave me for my music trip. I would go to drastic measures to get one item. But, all good things come to an end. I have learned a great lesson after I was removed from my music trip. I missed out on a chance to walk through Paris and see the breath taking views. I know that I deserved every bit of that punishment. I had lost her a non-refundable deposit of $600 and 30% of the trip cost. ...read more.

Conclusion

It has been 4 months and 26 days since I went shopping and spent money on something. With all the effort of my friends and family, I was able to go shopping with them and not buy a single item. I would either get slapped or forcibly pulled away. I also have two bank accounts. One for spending and one strictly for saving so every time I got a pay check, $50 go to spending and the rest into savings. I am trying so hard to save for a trip to Toronto with my brother after grad. I am determined to go. I won't blow that opportunity this time. I know that all these weaknesses and flaws lead me to a downfall but I am slowly picking myself back up and starting fresh. I had learned a valuable lesson and will definitely learn from it. Shopaholics are becoming a more frequently known disease. It's a drug and the best therapy. But really I've put that all in the past. I see now that chocolate isn't a bad cure at all. Hugs are great too! ...read more.

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