The Penny Letters: "Some months, I spent nearly £1k on Uber Eats"

Updated: Mar 14



Contributor: Instagram, @sterlingrecord. Twitter, @Lordrecord.

Age: 24

What industry do you work in?: Accounting and Investment

What city do you work in?: Windsor

What is your experience about?: Saving

Tell us your story:


I’ll try my best to keep this short and sweet.


For 90% of us MORE MONEY IS NOT THE ANSWER.


I remember leaving my parents house earning 1k a month, with 80% of that going on rent, phone, laptop and some other maintenance bills. When I didn't have enough money, I had no choice but to cut back and make some money management rules. e.g no Pizza Hut today, go and eat indomie noodles instead 😂.


Since I started trading I’ve had much more money, but those money management rules didn’t transition with me. During some months, I ended up spending nearly £1k on UBER EATS alone! I was no better off than when I was eating indomie noodles.


The point I am trying to make is, no matter how much money you make. Your money management rules are vital to ensuring you never go without! Don’t be deceived into thinking it’s only people that have a low incomes that go from pay cheque to pay cheque, because it really isn’t!


Discipline with money, will save you a lot of hurt.


Thank you for coming to my Ted Talk 😂