Adulthood Is After My Money

When I used to daydream about what it would be like to become an adult, I definitely wasn’t expecting this level of responsibility. Call me delusional, but I didn’t know I would have to be working this hard or doing anything too stressful. What I wanted was to be able to go out without too much shalaye, have the freedom to make my own decisions, and live the baddie life without a care in the world. But the truth is that as sweet as it is sometimes, e choke!

At the end of every month, I get excited about getting paid, but guess who runs out of money the very week I receive my salary? You guessed right, me!  Navigating rent payments, utility bills, groceries, and transportation costs swiftly shifts the focus from enjoyment to budgeting and financial planning. Frankly, it’s like I’m living a soft life with terms and conditions.

After sapa showed me shege, I started to realize that I run out of money because I don’t budget ahead of time and I don’t track orcategorize my spending, which makes me dip into the scary pockets of personal loans that a little discipline would have covered for. Trust me, if anyone had told me that I would be the one talking about budgeting or tracking my expenses, I would seriously deny it. However, in the midst of my financial awakening, as I would call it, I found out that being in my 20s is the first lap of adulthood and I have a long way to go. So, I better get my act together.

I started creating a budget which actually helped for a bit, until my bad habits kicked in like that “one ex” that refused to leave me alone, but, gomoney came to my rescue. Compared to other banks and fintechs, gomoney helped me manage my moneybetter because not only was I able to spend in categories, but it also helped me stick to and maintain a budget. Creating and sticking to a budget helps to manage funds for various needs, including essentials like housing, food, and healthcare, and leaves room for discretionary spending aka “I can’t close my eyes so I have to buy it”. While we go hard at treating ourselves, it is important to remember that adulthood isn’t just about meeting present needs; it’s also about planning for the future.

Establishing an emergency fund also cushions against unexpected expenses, while saving for long-term goals like homeownership, travel, and retirement requires consistent dedication. The gomoney bank app also comes in handy here. With the goStash feature, you can keep money in your stash for emergencies or you can just save that extra cash that can be life-saving or handy when you need it. Trust me, having a good amount of savings is a flex and lifeline as a young adult.

Additionally, I’ve learned that wise investment choices can significantly shape one’s financial future. It is important to avoid getting neck-deep in loans because it’s easy to get tempted by instant gratification, but the long-term impact of accumulating loans can be troubling and overwhelming.

In conclusion, as we grow at different paces, it is important to strike a balance between immediate needs and future aspirations. With the right banking platform like gomoney, navigating the financial complexities of adulthood can transform financial challenges into stepping stones toward a secure and soft future.