How I Messed Up This Month

Personal finance bloggers know everything, right? Personal finance bloggers know how to manage their finances perfectly? Absolutely NOT. I started my own personal finance blog in order to learn more about managing finances, to learn/interact with great readers, and to share with others what I have been able to learn and accomplish in regards to personal finance. What’s the point of me stating all of this? Simple, I plan on running a new monthly feature from now on where I will confess to you the readers how I messed up financially in the last month. No I will not get into personal stuff or discuss stupid things I said because well to be honest this is a personal finance blog. I will simply list any small or major financial mistakes that I have made or continue to make.

1. Went on vacation. Yes I’m a firm believer that vacations are good for you but with that being said it is an extra $1100 that was spent. Do I regret spending this money? Positively not because I feel that I will remember the experience for a life time. Nothing beats relaxing in a warm country for a week while friends are shoveling snow.

2. iPhone. I finally gave in and purchased the iPhone after years of holding the purchase off. I’m actually quite proud of myself because I wanted to originally buy this phone back in 2007 when it first came out. It cost me $200 and I do no regret it. In fact I will be discussing this purchase in greater detail tomorrow.

3. Took two extra courses. This actually happened in January but I will mention it here anyways. I was planning on taking four courses this semester but for some reason I got a giant jolt of motivation and enrolled in two extra course so that I can graduate quicker. Once again I do not regret the purchase but I consider it a mistake because I did not plan for it.

4. Buying coffee daily. I have tried to cut back on my coffee consumption but I still purchase about a coffee cup a day. I know that its only $1-2 a day but I hate the fact that I need to rely on caffeine consumption to wake me up in the morning. In March my goal is cut back to only 15 cups of coffee a month. I know that quitting cold turkey is definitely not an option so I will not bother lying to myself.

This month I mainly listed major financial purchases I made but I have a feeling that for next months update I will list many minor mistakes that I continue to make. Now I turn it over to the readers; how have you messed up this month? What financial mistakes have you made? What financial mistakes do you continue to make?