In one of the previous Mentors parlour conversation Lost in the search led by Pamela, our veteran mentor Hursh Khopkar, reiterated a concept he’d given a voice to a while ago in his Numbers don’t lie session. That is, keeping track of the money you spend using Microsoft Excel. Now, if you’re like me, you look at Excel as this big bad wolf that you’d do well to steer clear of. Before he suggested using the spreadsheet to draft and monitor your expenses, I didn’t think I’d have use of it any time soon much less incorporate it into my day to day. It didn’t occur to me what a practical asset I had in my disposal. Such a bare-bone piece of advice yet it’s something a lot of us young people have never thought about.
He went on to add that we should account for every single thing we spend our money on. Which let’s be honest, how many of us do that? Not me, that’s for sure. This had me retracing my steps back a few memories to every time I opened up my purse and started probing the tough leather for holes because ‘I could’ve sworn I had more’. Admittedly, I’ve been very oblivious to the “chump” change I spend every day, foolishly not knowing that the 10 -20 shillings I’m dolling out to buy gum on the road eventually adds up to the disappearing act in my purse.
This is definitely something useful that I’ve learnt from Hursh that I am presently starting to incorporate in my life. I hear so many young people complaining about their monthly salary coming to an end before their next paycheck with an exasperated exclaim of “Hata sijui illisha aje” because they were not paying attention to the unnecessary luxuries they’d splurge on in a day. Johann Wolfgang von Goethe once said, “Many people take no care of their money till they come nearly to the end of it,” and Hursh is clearly trying to save us from always getting to that end time and again.
Keep track of your spending habits and be deliberate with your finances.