Happy Friday babes!
Today we are having our second official “Talk of the Day with Zay” #TOTDWZ
You can email here or tweet me anything that you would like to talk about, and we can do so in a blog post! PLEASE send something hahah 🙂
Today’s topic I find very important to discuss, so thank you so much to Lesley for reaching out!
“ I love watching your videos! You’re my spirit animal! LOL I love your personality and think you are very different from many youtubers now a days! i love it! I was going suggest (as a college student myself) the idea on how to stay on a budget yet treating yourself once in a while? For example there are so many products I want to purchase at Sephora everytime I go, but my wallet says no and my heart says yes! Help a girl out!”
-Lesley, Palm Springs, CA
I already thanked her for being so kind, but again, THANK YOU for your sweet words, Lesley and for bringing up such an important subject.
Even before blogging and making videos, something that really concerned me (and still does) is how much consumerism is encouraged. (I mean like duh, most of us are American haha.)
But seriously, how many nude lipsticks do you really need? How many off the shoulders do you really, really need? I’m sure that I’m guilty of promoting this behavior of mindlessly spending in some type of way, but I am telling you now that I do not condone spending money that you do not have or that could serve a better purpose in your life.
What I mean is charging up your credit card. Especially for things you already own in some form or fashion.
It’s just not realistic for most women, especially women in our age bracket, to afford to buy every new item that is released and to have a new outfit for everyday of the week.
This conversation may steer away a bit from what Lesley probably intended, but I really want to discuss this with you guys!
I know most of you already know this, but I will state it anyway for the young and impressionable:
Most influencers get things sent to them for FREE or to borrow, or they make a commission from your purchase. This way you can spend your hard earned money on something that you “NEED”. I do believe that influencers deserve to be compensated for their work, because trust me, it is a lot of work to maintain a blog or Youtube channel, but I also believe that promoting healthy spending habits is essential.
Okay, okay, so anyway, not saying you can’t be bad and boujee or that you don’t deserve to treat yourself.
Here are some of the thoughts that run through my mind before spending or splurging on items:
Do I own anything like it? Like, I already own 4 similar highlights, I will put this down.
What is the quality like? If it’s something that I will wash and will shrink, I won’t buy it no matter how “cheap” it is because cheap gets expensive.
How often will I use it? If you guys follow me on the gram, you will notice that I repeat outfits ALL OF THE TIME, my purses, shoes, etc. That’s because I only buy things that I can wear many times, in many ways, to many occasions. 🙂 and I love this!
After answering these questions, if I am comfortable with the purchase, I get it.
If you are looking to splurge on something then I would suggest, looking at the price and thinking about how much you can realistically save every month to purchase the item.
Also, take a look at your current expenses to see what you can cut back on to supplement your newest desire hehe.
For example: Skip Starbucks. Are you paying for anything that you don’t need like a gym membership, a subscription, going out to eat when you have groceries at home? Often we forget how these things add up!
I am not saying that I am budgeting guru, because I’ve definitely slipped before. I’ve been in debt, I’ve over drafted, but as a young adult, I am learning everyday what it is to be financially responsible. What financial responsibility means to each of us, will definitely differ, so just think about it!
What is the bigger picture? What are your biggest goals?
If your biggest goal is to get that designer bag, girl, save away and buy it when it’s time! If your biggest goal is to buy a home, then put that 10% from your check in your savings and do not touch it!!!! (That’s what like every financial advisor suggests at minimum.)LOL
Anyway, what do you guys think of this topic? Would you like me to contact a financial advisor to discuss the importance of a good credit score or hacks on how to improve spending habits? Let me know. I am here to serve YOU, my wonderful and gorgeous readers hehe.
And please, send me a topic or question for us to discuss next Friday! Don’t leave me hanging. 🙂