Unlike at my parent's, I had to pay my own way for the basic and main essentials; food and bills which before were given luxuries. I soon realised that I had to change the way I spent money and what was the difference between my needs and wants.
I firstly put a stop to my shopaholic ways. I tended (like a lot of the ladies) to buy clothes and shoes when I already had clothes and shoes, some of which I had never worn. Instead I made the best of what I had already brought; this allowed me to see what I wasn't wearing and then donate to charity shops. I was no longer under the impression that I NEEDED the LATEST top or dress but what I acquired over the years was just fine but not that I couldn't treat myself now and then!
When it came to my finances the amount of my savings was looking healthier month after month and to my delight I was able to keep my bank balance stable.
Moving out own was an experience that has definitely had a positive impact on my life. Right now we are in times of a huge economical crisis; the government are in talks about making cuts in spending to help the nation. I now am able to adapt with ease to the changes that have occurred due to the lack of money has had on people because I learnt how to organise and budget my money properly for everything I NEED. I now know where my money is going, when its going and how much I've got, so having no support from my student loan yet isn't that daunting.
