And while you may not associate “budgeting” with fun, you probably associate “spending” with it. That’s why SALT™ has content this month about paying for stuff you want while affording stuff you need, like this new, FREE article from Elaine King on saltmoney.org.
Elaine is an international author of two award-winning books. Check out this excerpt and click through to read the full article.
I moved from Peru to Mexico when I was young. In Mexico, it was the best of times—the economy was booming. In Peru? Let’s just say that “booming” was not the right word to describe things.
I went from scarcity to abundance. From lack of options at the store to too many options. For example, American clothing stores seemed to be in every corner in Mexico. I loved shopping and wanted the latest trends. However, I quickly learned that there’s a big difference between “wanting” something and “needing” it.
Of course, I wanted a new red jacket, but if I had one already, did I need it? Shopping was not sustainable on the amount of money I had, so I had to budget. In no time, I was saving a little to purchase things I actually needed—while still being able to choose how and when I could get those new jeans.
SALT is a game-changing new membership program that helps students and families navigate financing a higher education, successfully manage any resulting debt, and build money skills for life. Create your SALT account to get started today. It’s free!