Log #4

Confessions of a Shopaholic

Author: Sophie Kinsella

For Rebecca’s debt, her dad suggested she should Cut Back or Make More Money. Therefore, she had tried to cut back her expenditure. However, things didn’t work like her expectation. Not only didn’t she save money, but she even spent more. Rebecca finally accepted the truth and faced her failure. She was really frustrated. Her friend, Suze, told her that she didn’t think Rebecca is a Cut Back kind of person. Suze suggested Make More Money is the better option for Rebecca.

After reading this part, I asked myself which option I would choose if I were in this situation. Cut back or Make More Money? After considering all the aspects, I think Cut Back is more suitable for me. Make More Money means you have to create a new source of income, such as having a side job or doing some investment. Since I am a student and I need to pay most of my attention on my schoolwork, it’s hard for me to do a lot of part-time jobs to make more money. However, in the case of debt, I personally think cutting back spending and making more money at the same time is the most efficient way to solve the problem. Recently, I discovered that my expenditure in the last few months is more than that before. So I started trying to cut back my spending. When I wanted to buy something, I would think that whether I really need it or not. Also, I decreased the frequency of drinks and desserts. I found that it not only helped me save money but also made me healthier. I hope I could cut back my expenditure successfully. And I can’t wait to see the result of Rebecca’s Make More Money plan.