Review

My name is Chloe, and I am 28 years old. I have learned a lot about finances over the years through my mistakes. I think at this moment in my life I am right in the middle of a spender and a saver. I like to spend money, but I am also really big on saving money. As an example, for everyday life, I like to have money to go out to eat but I also put away at least $300 in my savings. I don’t mind taking risks with my money, but I do have a limit on how much risk I am willing to take. For example, I do have money in high-risk stocks, but I also have money that is in low-risk stocks as well. Sometimes I get worried about money but that isn’t often. I look at my finances often because if there is an issue, I like to address it right away. If I wait to address it, it will just stress me out. I like to know exactly where my money is going so I know that none of my money is being wasted. An example of how I approach money issues is if I go into too much debt then I sit down and go over all of my finances one by one. I adjust where my money is going so, I can pay off the debt I accumulated in a timely manner.

I come from a median household income but growing up I never noticed if my family had money or not. I had such a good childhood that I never thought of money growing up. My tendency to save money came from my mother as she taught me the value of saving money. My money behaviors such as saving, budgeting, and credit card usage have all come from the household I grew up in. I see my mom and dad as role models I aspire to emulate because they are responsible with money by saving and budgeting but also know have to splurge once in a while too.

I never was never one to say I want to be a billionaire when I grow up. I always knew making and having money was important, but it wasn’t everything. Fast forward to now, money still isn’t everything but it takes money to have and do the things you want. I want to be able to retire at an early age and give to my family and future kids. To do this I need to cut back on the unnecessary purchases that only make me happy in the moment. I want to live more as a minimalist not be a minimalist just cut back on material things. For example, I need to go through my things and whatever I don’t use but can make money off of I need to sell. I also need to put some more money into investments and savings. To do this I need to start budgeting my money better.

I don’t think money brings happiness I think what money can do brings happiness. Since money can do a lot of things it motivates me to improve my spending habits, start budgeting better, and invest my money for the future. I want to live good and do the things I want to do, especially for my future children. I know what I need to do now all that is left is put everything into action.