How to spend your money when you have only a little!

Philippines
February 3, 2007 7:26pm CST
I'm a student and basically i rely on my allowance which is just a small amount. I want to enjoy my money but i don't know how? How do we spend our money when you don't have much to spend. Would you shop on an impulse or not? Would you be thrift or not?
2 people like this
4 responses
@DJ9020 (1596)
• United States
4 Feb 07
Be thrifty on the basics. Think of one thing a month that you really want, like a special piece of clothing or a show that you want to see. Save up for that special thing and enjoy it!
1 person likes this
@ssh123 (31089)
• India
4 Feb 07
In US and Europe, (particularly in business circles) there is a theory called OTHER PEOPLE'S MONEY (OPM). If you are sure of getting your funds regularly, if you need money, you have to adopt OPM. Or the best way is to work in some sites and earn money.
1 person likes this
@Geminigirl (1909)
• United States
4 Feb 07
Nice question. I guess first of all you have to decide what are your most important needs. Pay the rent, buy groceries, pay electric bill, etc. Then how much do you have left over? What kind of things do you want? Clothes, etc. Then decide cheapest way to get the best product.
1 person likes this
• United States
4 Feb 07
Hi! I always believe in spending within my means. If I could only afford less, then I have to spend less (as to what my money can buy). I would put important things for my survival as a student on top of the priority list. For example, when I was a student, my priority was food. I would usually not buy expensive meals because I might need emergency money for photocopying and other things that I may suddenly need for school. I also tried to save a little money for extra activities (like going out with friends) but if the money wasn't really enough, I couldn't do anything about it. Food is more important to me. Hehe.