Money Management

Like most twenty-one year olds, I’m amazing at accidentally spending all my money by the end of pay day on things that I most probably didn’t need. I’ve looked at many different ways to try keep track of my money and I just never seem to be able to do it.

When I was in Italy, my boyfriends aunt mentioned her daughter has a spreadsheet that she tracks everything in. So when I got home, I looked for a tutorial on how to make a financial spreadsheet and I found a video from The Financial Diet on YouTube giving a step-by-step guide to making one.

I first set it up on Excel, however I moved it over to Google Docs because it made more sense to then be able to access it on my phone and iPad etc. So far it works amazingly! It calculates all my incomings (my wage varies month to month) and from there it works out how much I can put into my savings. I’ve done it to calculate 20% of my incomings for savings but you can adjust it as you want. You can then put in all of your expenses for the month such as petrol, spending money etc and it will total all of that up for you. The best bit for me is that it deducts your expenses from your incomings and tells you how much money you should have left over after that. This is the best bit for me because then I know what to expect in my bank at the end of the month and hopefully won’t go under.

So far this has been working really well for me and hopefully will keep me in line. I’m hoping to tick some goals off my list next year and need to start saving now to do it!


Goals for 2018

I have a few goals set for myself this year which I’m hoping and believing that I can easily achieve.

  1. Get fit again. I used to do a lot of sports, but this year a lot of that fell through due to various reasons. My aim next year is to start cycling more again and do some more races, as well as start back at karate and work towards my next belt
  2. Eat healthy. Due to my kidneys I’m supposed to have low salt foods and because of my IBS I have to avoid dairy and cheese, so this year I’m planning on nailing my eating and sticking to a low-salt, no dairy diet
  3. Learn my anatomy. Some advice from our second year students was to make sure we are pros at anatomy, so my aim this year is to nail it and know as much as I can for second year
  4. Save some money. I want to save some money as I who doesn’t. But I’m really going to work on this, setting myself a monthly budget and allowance that I can’t go over to hopefully allow me to save some
  5. Make memories. I’m planning on being a lot more social this year and making the effort to go out and see people as well as obviously travelling, I have snowboarding in Italy already booked, a holiday with my parents to somewhere near Cornwall as well as a holiday with my boyfriend that I still need to confirm dates on etc. I’m planning on taking lots of pictures and enjoying every minute of it all
  6. Finish a bullet journal. I’m going to attempt a bullet journal this year to track my studies, medical things, gym work outs and money etc to hopefully help me keep on track of everything like that, so hoping I don’t forget about it again

They are all my goals for 2018 so we will see if they work or not!

Happy New Year!! x