http://blog.lendingclub.com/2009/05/25/when-saving-don%e2%80%99t-forget-to-live/ The Official Lending Club blog Sun, 29 Jan 2012 13:31:47 +0000 hourly 1 http://blog.lendingclub.com/2009/05/25/when-saving-don%e2%80%99t-forget-to-live/#comment-1372 London chauffeur Wed, 07 Jul 2010 13:15:52 +0000 http://blog.lendingclub.com/?p=1132#comment-1372 I think it takes some sort of shock to change your ways for the better. Too many people live from pay check to pay check. They are oblivious to what will happen to them in later life. Everyone has a little splurge now and then I think you just to need to reasonably justify it to yourself before jumping in. I think it takes some sort of shock to change your ways for the
better. Too many people live from pay check to pay check. They are
oblivious to what will happen to them in later life. Everyone has a
little splurge now and then I think you just to need to reasonably
justify it to yourself before jumping in.

]]> http://blog.lendingclub.com/2009/05/25/when-saving-don%e2%80%99t-forget-to-live/#comment-1371 Sarena Wed, 17 Jun 2009 15:57:42 +0000 http://blog.lendingclub.com/?p=1132#comment-1371 I started my adult years as an over-spender, a learned habit from my parents. I got my first credit card at 18 and have been on that track ever since. Last year, I was laid off and received a sizable severance package. What I did with that was painful, but I paid off all of my outstanding credit cards, which totaled about $10k. That left me with a few thousand to put into a savings account, something I had never had before. I found a new job and although it paid less than my previous one, I have learned a huge lesson! Now I am a saver, although not an over-saver. I still have my moments where I spend more than I should - and regret it immensely the next day. But now I have a better pattern for the future. I don't feel comfortable if I don't have a cushion. I started my adult years as an over-spender, a learned habit from
my parents. I got my first credit card at 18 and have been on that
track ever since. Last year, I was laid off and received a sizable
severance package. What I did with that was painful, but I paid off
all of my outstanding credit cards, which totaled about $10k. That
left me with a few thousand to put into a savings account,
something I had never had before. I found a new job and although it
paid less than my previous one, I have learned a huge lesson! Now I
am a saver, although not an over-saver. I still have my moments
where I spend more than I should - and regret it immensely the next
day. But now I have a better pattern for the future. I don't feel
comfortable if I don't have a cushion.

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