I have never been able to build up a good savings.
For years, I have struggled with saving money and have lived paycheck to paycheck. If I took a week off of work, I would end up being late on paying rent. I know it’s a good idea to save money for a rainy day, such as an unexpected physical illness, personal emergency, or sudden equipment repair, but it’s never been feasible for me. If my HVAC system broke down suddenly, I would have to go without it and be very uncomfortable in my home for weeks and probably have to borrow some money for the repair. For the past decade, I have cooled my home with window AC units. It’s better for my budget and since my apartment is pretty small around 600 sq feet, I’m able to keep it cool with two window AC units. I have one AC unit in my bedroom and one in my living room. If my AC needs repaired or replaced for any reason, I could afford it much easier than if I had a HVAC system that broke down. If I had a much bigger home, I would have to make arrangements financially to be able to afford an HVAC system installation. In that case, I would hope some nearby HVAC company had a promotional discount of some sort so I could save some money. I would try to save money in every way I possibly could. Luckily, for now, I am able to use electric space heaters to keep my home warm during the winter. Where I live, it’s only cold enough for the use of a space heater for about a month or two out of the whole year. Usually, I can just bundle up with some heavier clothes or cover myself with a soft thick blanket and I don’t have to use any method of heating in my home. Not only is purchasing window AC units and electric space heaters easier to afford to install and place into my home, but my energy costs are also low. My electric bill is only $85 a month and I can definitely live with that. I won’t be making any changes with cooling and heating in my home anytime soon.