Title: "More money, more problems"

Hello world,

So while I was eating my breakfast this morning (yes, I am a breakfast girl even though I dislike most breakfast foods), I was thinking to my-self about the saying..

"More money, more problems"

We have all gone through times in our lives where we made more money and less money and survived both. When we were making less money it was tough and we survived it, when we were making more but it was tough and we survived it. My question is why is it always tough and why are we always just surviving it? Yes, granted it might be less tough now that you have more money  but we still seem to find ourselves in survival mode.

Ill give you an example from my life..there was one year in while I was in school, I was particularly struggling. I had absolutely no job and my life was so stressful to the point I had to really live in hunger a lot. Funny enough at the end of the school year I get a job for the following September on campus and additionally to my excitement, I get a well-paying summer job with the City of Toronto. My situation changed dramatically, however I was still struggling and managed to save nothing from being in that situation. The problem was that I spent more knowing I was making more. But the fact was, maybe I didn't actually have more to spend.

Follow this .....
- You're in a very broke stage, you are struggling to pay your phone bill, rent and bus fare.
- You're now in a not so broke stage, say you finally have a steady job, but instead of focusing on comfortably managing your phone bill, rent and bus fare, you now decide its time to buy a car.
- You have just put yourself in the same struggling situation just with more stuff.
- For some reason you loose that better paying job..you have no savings or little savings and you now have even more things to take care of than you had before, so now you're using credit to cover yourself.
- You get stuck in this same cycle for years where most of the money you make even if your in a significantly better job, not only goes towards your cost of living but your debt repayment and even life happenings like kids and your need to buy a property...
THIS IS THE CYCLE OF MORE MONEY MORE PROBLEMS!

The fact is most people in their 20's like myself live with their parents or roommates. Its just reality, and if your reality is different - that is great for you. But for most of us, this is our reality. The mistake most of us make in my opinion, is getting caught up. We finally after fighting for months if not years for a job in our field, try to drastically change our situations. The fact is, you were struggling before and probably lived a life you could not afford, so now what you need to do is focus on affording that life. Then you figure out what you can afford next. The thing that you may be able to afford next may just be to take on more responsibility for bills in your household and/or work on your savings account. This is nothing to be ashamed of. The fact is even though you may now finally have the job that you wanted it may not mean it pays like you wanted or pays enough to cover your wants. Its sad but true and I think this is how we stop the cycle of "more money, more problems".

TIP OF THE DAY: Don't focus on what you should be able to afford, but what you are able to afford even if its just new nail polish.