My Personal Reflection

It is in our nature to easily forget of our strengths. I rarely stop to look at my accomplishments. I always think of ways I can further improve. However, when I think of my financial strengths. I must admit, for a 22 year old, I am proud to say I work and pay for my own bills. I learned responsibilities at the age of 14, when I got my first job. At 14 I worked at YMCA childcare as a teacher assistant. Since I was only 14 years old, I did not have much bills to pay for, other than my phone bill. However, I bought my own clothing and I never asked my parents for money. Learning responsibilities at a young age, has taught me many responsibilities. I received my first debt card at 14 to deposit my check into my account. This is a financial accomplishment

This was an eye opener for me, because I did not know of how low my credit score was. I have not checked my credit history in a long time, therefore, I became aware of where I needed to work on when it came to building my credit. I was surprised by how low my credit score was, because I had a few late fees, that brought my score down. The last lesson, I have learned from doing this project, is working on my saving skills. I learned ways to limit my spending. As I worked on worksheet 3 I was able to pin point, where majority of my money went. I was not aware of how much I spend on coffee and eating out. According to worksheet 3 I spend roughly half of my pay check on eating out and buying coffee every morning. When you buy a $6 coffee and $10 meal everyday, this adds up. If I make my own coffee at home and my own lunch at home. This would save me at least $500 a month. Although I learned new ways to finance. However, some of the lessons I learned were concepts, I was already aware of, but I needed to reinforce them. For instance, when it comes to saving. I am aware of how savings work, but I get carried away and spend money on unnecessary items. Doing the lessons helped me pin point, where exactly I need to work on and where I needed to