Comments on: The Biggest Money Sucks for Twenty-Somethings

By: Dayna

Dayna — Sun, 04 Dec 2011 12:21:56 +0000

So true! I find that when I feel like settling down for a bit on the road my rent is actually much less than it was back at home (even with all those crazy roommates I had to live with to save for the trip)! Cutting back on going out to the bars (even trying to moderate this while traveling) can add up a lot as well! Thanks for the great advice!

By: Chris

Chris — Thu, 26 May 2011 16:37:56 +0000

All of this certainly rings true.

I’m very independent, so living on my own is a must. I held to a strict budget and paid off my credit cards, so the only nagging debt I have right now is my car. Everyday, I wake up wishing I lived in a city that didn’t require me to have one, but that just isn’t the case right now. So the focus is to get it payed off as soon as possible…

Then the new phase of my life abroad can begin.

By: bernard

bernard — Thu, 28 Apr 2011 19:06:21 +0000

Just sleep in ur car, man. Best cost-saving idea ever!

By: rohan

rohan — Sun, 13 Mar 2011 23:13:18 +0000

Hey, I liked it. I’m in finance, and while some of the ideas could be a bit crisper, it’s all in all pretty good advice.

By: Steph

Steph — Wed, 21 Apr 2010 13:17:57 +0000

Thanks for the (not at all constructive) criticism!

By: Dick Douglas

Dick Douglas — Wed, 21 Apr 2010 03:16:12 +0000

Terrible advice. I can’t think of anything nice to say, so I will just leave it at that.

By: Steph

Steph — Sun, 21 Mar 2010 17:28:46 +0000

Yup, food is killer for me as I’m disaster in the kitchen.

By: Christina

Christina — Sun, 21 Mar 2010 13:54:11 +0000

Definitely food, rental is fixed, you really don’t have to worry about controlling it, you just have to allot for the rental expense. But food, if you don’t know how to cook and don’t like packing-up lunch, then you will never notice where your money is going. Include the latte you have after office or the late night out.

By: Steph

Steph — Mon, 22 Feb 2010 15:20:35 +0000

I was really proud of myself, aside from metro fare I managed to spend $0 this weekend! house parties helped, as did convincing other people to buy me drinks. Basically I’m a huge mooch now.

By: youngandthrifty

youngandthrifty — Mon, 22 Feb 2010 07:07:53 +0000

Marta, you’re right.

I remember spending so much money when I was partying back in the day (easily spend $60-80 a night, and if you go out two nights of the weekend, that’s almost $160 A WEEK!)

Geebus, a month of that and you’ve got a discounted flight somewhere already.

Another big money suck is just the regular ol’ living expenses of living in a city (rent etc)– I found traveling abroad was actually much cheaper than city living. For 2 and a half months in India, I spent $250 and ate like a queen too.
.-= youngandthrifty´s last blog ..Carnival of the Young and Thrifty: Edition #2 =-.

By: Steph

Steph — Thu, 11 Feb 2010 14:20:59 +0000

Yup I’ve been avoiding the mall and, even more treacherous, the online shopping! I used to sign up for all the sale alerts- now i delete them with out opening. Better to just not even think about the temptation.

By: marta

marta — Thu, 11 Feb 2010 08:51:57 +0000

boozes, parties ‘n dine out are the keys. once you cut on these dramatically, you will realise were all your wage has gone lately. lunch boxes, healthy dinners at home with no readymeal and a bicycle to move around (in city like london was great) will make you surely richer and thinner (love that steph ). moving back with parents could be surely a shock, better sharing a flat with some mates.
For the girls i would add avoiding to go shopping!even when the sales are on you would buy much more than you actually need it, remember after all you will travel with a backpack of 10kg and barely few clothes so resist the temptation!

By: Steph

Steph — Wed, 10 Feb 2010 19:41:58 +0000

I am pretty sure my life would be 1000 times easier/healthier/cheaper if I would just learn to cook.

By: Nancy

Nancy — Wed, 10 Feb 2010 18:16:32 +0000

Entertainment’s the hardest thing to cut out. My husband and I started conserving money last year by cooking a lot more and having more nights in. Game nights with grocery-store beer are key.

By: Steph

Steph — Wed, 10 Feb 2010 15:56:45 +0000

Travel can teach you so many life lessons!

By: Steph

Steph — Wed, 10 Feb 2010 15:53:51 +0000

Agreed.

By: Anil

Anil — Wed, 10 Feb 2010 15:16:35 +0000

Booze, booze, booze. If I didn’t drink I’d have a lot more money in my pockets.
.-= Anil´s last blog ..Rating Dublin’s Popular Tourist Attractions =-.

By: Sofia

Sofia — Tue, 09 Feb 2010 17:13:54 +0000

Another great reason to travel. You learn how to make a budget and (more importantly) how to stick to it.
When we started travelling we were forced to learn all this, and it’s pretty useful to know even when you’re back home again.
.-= Sofia´s last blog ..My Favorite FREE iPod Touch/iPhone Travel Apps For 2010 =-.

By: Steph

Steph — Tue, 09 Feb 2010 14:19:24 +0000

hobbies can be quit costly. Lucky for me blogging is my hobby. It’s relatively cheap and steals my social life- so maybe it actually saves me money!

By: AdventureRob

AdventureRob — Tue, 09 Feb 2010 05:39:47 +0000

Cash only on nights out helps a lot, also having friends who insist on getting the rounds in once they are trolleyed.

Another one I’d add to the list is hobbies. I used to be into cars, and I can tell you changing an engine is not quite as cheap as the price of the engine… Video games were much better, but 2nd hand, complete, sell. Almost worked out to be free if you are clever, and definitely cheaper then renting.
.-= AdventureRob´s last blog ..The Great Ocean Road =-.