When we first start earning, we try to fulfill all those childhood dreams we once suppressed, the car we always wanted, a good phone, that dream vacation. And honestly, there’s nothing wrong with that. The problem is: we try to do it, all at once.
Let’s be real, your first salary probably can’t cover all three. So, does that mean we ditch those dreams? Absolutely not. Should we take loans or EMIs to chase them? Again, no.
What we should do instead is pause, plan, and prioritize. Make a list, understand the cost, and budget realistically. Time your purchases.
Say getting a good phone is what matters most to you right now, go for it. Then take the car after 6 months and go on that vacation after 9 months, when there’s a long holiday coming up. In fact, with this approach, you’ll be able to enjoy your vacation even more. You’ll click better pictures with your new phone, and maybe even drive down in your own car which can feel far more rewarding, instead of taking a taxi. What changed? Just a little patience, budgeting, and clarity on what matters first.
This way, we don’t abandon our childhood dreams. We just space them out, in a way that doesn’t burden us financially, but still gives us joy. Because we do deserve to fulfill our past dreams and desires, just not at the cost of our future ones. Financial planning is like cooking for yourself.
You do it as per your taste and preference. But it always helps to peek into someone else’s kitchen, to see how they’re doing it, pick up a new idea, or learn a trick that makes your own process easier.
We don’t need classes, we need community. That’s exactly what we’re building with Moneybar, a space where we talk money with each other, learn from real stories, share honest struggles, and grow together.
If that sounds like your kind of space, come be part of it. All you have to do is sign up and request to join!
If you’d like to share your thoughts, stories, feedback, or just say hi, you can reach me at founder@moneybar.in
Would love to hear from you!
Paweii Kayina
Founder & CEO, Moneybar
Wednesday, July 16, 2025