Hello everyone here, hope you are doing well and that your day is going well too.
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Spending is good but we should know how to spend and learn the principle of needs and wants.
Whenever we want to spend, we should have a scale of preference, putting what is most important first before putting what is not so important to us as next on that list.
So many people have regretted buying a particular thing and some have lost important money to something that is not meant to be bought, some of the time this happens because of anxiety, excitement,d because of poor planning. Spending on something that was not supposed to be spent happens because maybe that thing was on your mind for a very long time and you did not have money to buy it so when money is now given to you, the first thing that comes to your mind is to buy that particular thing.
I have made this poor decision so many times and regret it later in my life.
During my stay in the tertiary institution, I was always given some pocket money to use for some things. So this time, I was over given and that made me over-excited about handling a fat sum of money for that particular period.
I made a list of what I wanted to buy. I included wants and needs but I was particular about my wants thinking that I had more money that I could buy my needs later when I was ready to use them.
I got to the market that morning, and I bought clothes, shoes, hair bands, etc that time I didn't need those things at the moment but I bought them because I wanted to have them.
I forgot to include in the list handouts, airtime, savings, transportation, textbooks, etc because I thought I would get those later not knowing that I exhausted the money on wants.
After some weeks, I was low on funds. I called home immediately and my mom told me that she gave that amount of money because she knew that she would not be paid for two months because of the issues she had with her bank account and that the money she gave me was to take me for two months.
I was still on the call when I started crying. My mom asked why I was crying but I told her nothing then I hung up.
For one and a half months I was borrowing to eat and to do other things in school. Even some people were wondering why I had to borrow from them. I would work the time to get some money that period was not just good for me because was mentally and physically stressed.
My parents sent me some money because they had a good heart.
But because they did not have much, I was not sent an expected amount of money for the two months.
Thank you for stopping by have a nice day ahead of you.