Sophia's Learning to Budget
By Sophia B
At the Budgeting Workshop [provided by The Service Collaborative of WNY Regional Opportunity Corps], my role was a cab driver. My salary was $2,235 per month which, event though I was single and no one depended on me, I had a hard time budgeting and saving money.
The challenge was whether to eat out or make my own meal. Even though I watched my budget carefully, I still didn't afford as much money as I wanted in my savings account.
The expenses that I had to watch more closely were entertainment and clothing.
I am able to manage my paycheck [in real life] because I don't have to pay rent or mortgage. When I need to make sure I have enough money for everything, I need to budget beforehand.