I'll share three things I saved up money for over the course of my life. Not that I haven't saved for other things, but these ones stand out in particular.
- As children, my parents used to give my sister and I allowances. Our allowances were supposed to be used at the tuck shop for snacks or lunch at secondary school. Every now and then though, we would both save our allowances so that we could buy birthday and Christmas presents for our parents.
- When I first moved to the US and got into college, there used to be salespeople on campus luring you into getting credit cards. I was young, I was naive, I liked to travel... so I signed up :p I wasn't really paying much attention to how much I was spending, or making payments at regular intervals. Before I knew it, I got a letter saying that I was $2000 in debt and had a short amount of time to pay it back - my information had been sent to collections!!! Say WHA?!?!? Thankfully, at the time I had a job where I got tips (delivery driver). I quickly begged for more hours (and overtime) and did everything I could to save money. If I remember correctly, it took 4 to 6 weeks to make up the money. I paid it all off and swore to never have a credit card again... Never say Never.
- As a proper adult, the first thing I saved up for was my car. This wasn't a situation where mummy and daddy gave me money - I worked hard to save up enough money for my baby. There's this sense of accomplishment and achievement when you make a big purchase like that by yourself. I LOVED MY CAR!!!! I miss my car :(
What was the first thing you saved money for? Or your first "adult" purchase?