Debt Is So Underrated

For us rich kids without money.

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Making cut backs is fine - not spending quite so much on lunch every day, I can handle that. But having to make actual lifestyle cut backs?

Today for example should see at least two trips to the pub for food. But today there are none. Sad times people, sad times.

Have you seen the interest rates at the moment? One wonders if it is even worth having a savings account with the rates as they are at the moment.

I mean yeah there is a bit of interest and you have your money safely stored in a bank (ha, not that they are even safe at the moment) but you don't get to stuff your mattress with it and sleep on it.

The latter is looking like a very viable option at the moment.

This is crazy - I'm actually cutting my spending! I mean full on, actually trying to cut down on my outgoings because the financial situation is so dire. Hard times people, hard times!

I've spent the past few months keeping an eye on my spending and not buying luxuary items to bring my budget back under control. That combined with a nice Christmas bonus should get me back on track.

Or at least I thought it would. Having now been paid and done the figures I'm actually somehow in a bigger hole than I was before! It sometimes makes you wonder whether it's actually worth it.

I've done my budget for December, having just been paid today.

I have minus £100 to last me until the end of December. Something tells me it's not going to be a good month lol.

I've just had a letter through reminding me I need to renew my road tax :o.

I mean seriously, it's not like I knew this was coming. Well, I did. But that's not the point, it still doesn't mean I have that kind of cash lying around dammit.

Getting paid on the last day of October I did my budget to see how much money I had to live on until the end of November when my next pay cheque comes in.

It normally comes in at about £200-300.

This month it came in at -£65 :o. I did some tweaking and got it down to -£35. Still, this is a very bad situation I feel. Ideas?

Credit crunch? What credit crunch?

I just got £180 in cash as I finally got my expenses back. I really need to pay the money into my bank account to balance my books out again but until the bank opens on Monday I can use the pile of money to slap people with :D.

There are some things I don't miss about being a student.

For example, I've stopped using my Egg credit card a lot despite the fact it gives me cash back because I'm always close to my limit.

I went on the website today however and requested a credit limit increase which was granted immediately. Cool.

Once university is out the way, your finances can only go up right? I mean, you get a job, you earn loads of money and you can afford things like proper food once again - awesome.

Turns out it isn't quite like that - I am somehow more broke than when I was a student. How does this happen?

• Greetings! I'm Chris and this is my blog about debt, finance and generally having no money. Luckily as a student, it's just expected of me to have no money so it's all good.

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