How to be Poor and Environmentally Conscious

The following is a guest post from Kyle over at 21andbroke.  Kyle writes about life and advice for the real world. This is a site for current students, recent graduates, and other young people who are in that strange phase of life where everyone expects them to suddenly be adults.  I know the feeling and the group of people that Kyle is trying to reach, because I am one.  Enjoy!

A. H. Allyn Mansion by cliff1066™.
[Image Credit: Cliff1066 on Flickr]
After my newfound friend Jeff and I decided to swap guest posts this week I was left with the classic blogger’s dilemma. An empty, white, and very blank word processor taunting me. What was I going to write that was both sustainable and relevant to poor college students? That’s when it hit me. College and early adulthood can be the most sustainable times of your life. In fact, being frugal often leads to increased sustainability without even trying.
Think for a moment about all the reasons Americans are chastised for not being “Green”. That big SUV driving from the suburbs to the strip mall, endless rows of McMansions costing thousands just to heat, massive boats, and the list goes on. Students don’t normally have these things because they can’t afford them. Many students don’t drive at all, choosing instead to walk to class or work. And you might knock it for the comfort, but few things are as efficient as cramming 20 students down a dorm room hallway. That meal of ramen they had earlier this week? It didn’t put out nearly as much CO2 as that five-course steak dinner being served for the business executives downtown.
I’m not trying to say that the key to sustainable living is eating noodles every night. There’s no need to “rough it”. After all, I wouldn’t want to spend my whole life living in a dorm. But if more people thought like starving students the world could be better off. Okay, maybe not thinking like the students who have the front yard-turned-landfill every Sunday morning. I’m talking about these hypothetical smart and sustainable students. Thinking like one of these students can save the planet and your pocketbook.
Think of all the ways you can be frugal and sustainable. Pretend you don’t have a car and take the bus. You’ll save on gas. Stop buying paper plates and do some dishes. You’ll save that cost too. Use those thin plastic bags, buy only the living space you truly need, cut back on the Coke and drink a little more water. That last one could even help your health. It just keeps getting better. By cutting life back to the essentials the most important things become abundantly clear.
If you’re a student right now, try to avoid the lifestyle creep that so often comes with that first job after graduation. So often people’s expenses will raise evenly with their income but this doesn’t have to always be the case. There’s no need to go out and buy a new car right away or upgrade to a fancy apartment. Treat yourself, then take that extra income and save it. Put it towards retirement. Pay off that student debt early. Buy some stocks. Live well within your means and you won’t regret. A few years of living life on the cheap now can pay off huge dividends down the line.
While your friends are paying off their credit card debt, their boats, their giant homes, and just beginning to worry about retirement you’ll be well on your way to financial freedom. All this because you took a little time to think like a student.
For more ways to “save like a student” be sure to visit 21andBroke.

October Budget

I hope that you all had a safe haloween and a prosperous October.  Mine fared pretty well, with me only going over budget in 2 categories, by a total of less than $15.  Here’s the breakdown.

I was $1 over on my fast food, and $12 over on my restaurant budget.

I also realized that I way over allocated for gas last month, which is a relief.  I have lowered it from a high of $300 recently to $170.  Lets hope it stays here, although I was supposed to have 2 extra days of work that would have resulted in an extra tank of gas that got snowed out, and I didnt need the gas. AWESOME!

I was also able to begin a separate savings account for a home, and have set up automatic funding for that for $50/month! I hope to up the contribution at the start of next year when I will have more free income due to lack of debt.

September Budget Review

Well, the month is finally over, and now it’s time to review how I did on my budget for the month of September.

Everything was going great as far as my budget goes until I had car trouble last weekend.  You can read about it Here.

That being said, I was able to keep on my budget in every other part, and if I can sell the car soon (as planned) everything will be nice and rosy.

For now, my net worth took a hit and my monthly budget was consumed mostly by car stuff (eek).  See the graph below.

September Budget
September Budget

All of this is pretty self explanatory as far as categories go, and I only went over in 1 category.

Mortgage & Rent: 375  This amount wont change for a while.  It’s for the roof over my head.

Gas: 302 of 320 – I dont like one bit that I have to spend this much per month on fuel.  My car gets ~23 miles to the gallon, so Im not wasting, I just have a 50 mile (1 way) commute.

Groceries: 80 of 120: This is just for food used to cook at home

Fees: 62 of 70: Interest on credit cards

Mobile Phone $52 of 52 – Cost I pay to verizon every month

Auto Insurance: 33 of 33 – To keep me safe in accidents

Fast food: 40 of $25   I blew this one, or maybe my fast food budget is too low?  I’ll have to look into this for next month.  For now, Im thinking of an increase to $35 per month

That’s all she wrote folks.  The reason that auto took up 60 some percent was because I had to put the new car on a charge card.  As soon as the car sells, pay off the card and rest easy.

Intro

This is my first attempt at blogging. I have decided to write this blog because I am very interested in all aspects of sustainability, and would like to share that interest with others.
I have also begun this for other reasons, one of them being that I am a terrible writer, and am hoping that more practice will make my writing better. So to that end, began to think of things that I could write about, and decided to write about sustainability in all aspects of life.

I intend for this blog to cover sustainability in the following areas, but will not let these limit my blog.
– Environmental Sustainability
– Financial Sustainability
– Mental Sustainability
– Personal Health

I am expecting that there will be plenty of things for me to discuss in these topics, and will also be answering questions by email at info@sustainablelifeblog.com