I've been lurking here for a while and this community is absolutely excellent and has helped me a lot. Thank you. Frugality is the only logical way of living in my view, especially since we cannot be sure that all our savings will be there when we get old. At the same time, at times I display quite irrational behavior with money. I grew up poor and this has had a serious impact on me and my siblings. I've been saving money from an early age and now I need to spend it on education, which will open all sorts of doors for me and may allow me to immigrate to a country with a much better standard of living (it's in a good school in the U.S while I attended universities in a country that is quite poorer). Despite logically understanding that this spending on the degree is an investment that will pay off and despite the fact that most of my savings will remain intact even after the year is over, I am extreme anxious about spending this huge sum. I have trouble sleeping and having trouble focusing. Others in my program are taking out student loans and seem to be doing just fine.
Throughout my life, whenever I wasn't able to grow my savings each months, I felt anxious and the issue would only get resolved when I was able to start saving again (I'd say 90% of my adult life).
I wanted to ask people here for advice - what can I do to feel better about not saving money for the next year and spending tens of thousands of dollars on my education?
Thank you!
August 28, 2017 at 04:05AM
