Sophie's Diary: There's nothing wrong with storing cash for a rainy day

I feel as though this week I've matured an awful lot. Quite often I've written articles about my journey from teenager to adulthood, but I think I am prone to really only acknowledging my continuing maturity after a big event in my life, like starting university or getting a new job.

By The Newsroom
Tuesday, 28th June 2016, 2:16 pm

But looking back in retrospect at the week I’ve just had, I feel I’ve grown up a lot due to small incidents.

Firstly, I experienced one of the first big knockbacks I’ve ever had. To cut a long story short, I was selected to attend an interview and, unfortunately, never made it to the next stage of the process.

For me, this was the first time I’d ever failed an interview and initially I didn’t know how to handle the situation.

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I was upset for a few days, but then I reminded myself that other opportunities will arise.

Just because I hadn’t been successful in my interview didn’t mean I’ll never get that job. It simply means I have to be patient – I learned that good things take time.

Secondly, I’ve started to understand the concept of money. Usually when I know I need to save for something I’m good at budgeting and setting money aside.

Recently that hasn’t been the case, therefore, I’ve learned the lesson that, when it comes to cash, there are no shortcuts – you just save what you can in order to live comfortably.

Money burns holes in my pockets, and so resultantly I spend it on nonsense.

However, this week I’ve been taught that I need to be responsible with my spending. There’s nothing wrong with storing cash for a rainy day.

I think this week I got a bit of a reality check as to the important things in life.

I realised it’s important to be responsible but it’s also important to remain positive.

There’s little time in life to be unhappy or negative – however, I’ve learned this week that happiness isn’t created with the amount of money you spend. It’s created by you.