I ran out of money my first month of working, a few days before my first paycheck.
When I started working, I was given a one month advance to cover living expenses, which I think was paid back with future paycheck deductions. Back then, I spent on a cash basis since I didn't have a credit card yet.
I was paid at the end of the month. With three days left in the month, I ran out of money. No cash in my pocket. Fortunately, I didn't have to pay any bills nor buy any essentials such as food or gas. I was concerned but not worried yet.
Although nothing bad happened, I decided that I would manage my money better and never overspend my paycheck again. One of my better personal finance decisions.
For more on New Beginnings, check back every Sunday for a new segment.
This is not financial advice. Please consult a professional advisor.
Copyright © 2025 Achievement Catalyst, LLC

No comments:
Post a Comment