Posted tagged ‘finances’

a small window

May 13, 2009

I’ve been working since I was a teenager.  I’ve been financially independent since I received my first scholarship at 18.  I’ve had my own place since I was 20, but this economy has done a number on my ability to hold it together.

Yesterday my Mom called me with some news.  My Dad wanted to take one of my bills and pay it out, starting with the smallest one and working up.  I just cried.  All the stress of trying to pay on old bills while continuously adding new ones (like my medical bills) has been such a burden.  I felt the stress in my shoulders fall off like a brick with those few words.  It’s been hard being on my own my whole life with no support.  I don’t mean emotional support, but life support. 

I’ve been living away from home since I was 18 and in that time I’ve never asked for one dime to pay for my education, my living expenses, my car, my food, my life – nothing.  I just always felt like I had to do it on my own.  So as my finances deteriorated or as challenges like my health came up, I just continued to make a way. 

This economy has caused alot of that facade to crumble.  Being taken under by health issues and the stress of my job just left me with no defenses.  My parents came to visit me this spring and I think they finally saw my less than perfect self.  My house wasn’t picture perfect as it normally is, I was tired from my thyroid issues and meds being off, and I just couldn’t be everybody’s everything.

So my Dad called with his can do attitude, lol, and said, email or mail me the bill you want paid, and I’ll take care of it.  You move on to another one.  That is a gift I have never had in my adult life – someone taking care of me.  It is truly a blessing that has come right on time.

financial freedom

March 12, 2009

I saved over $1000 this month, free and clear.  Amazing.  The budget is working!  I won’t save that every month, but I do know without the budget, I would’ve shopped and entertained it away.  Instead, as I saw extra, I shipped it over to my ING account.

Thanks to my budget, I also understand how much I spend on eating out; how little I need to spend on clothes (quality over quantity); and what it really takes to support my lifestyle.  I see clearly that until I pay off my debt, I will never have the fullness of what I make.  The good news is that the budget will definitely help me pay off about 3-4 commitments this year (like the new laptop I had to buy when my old one was stolen!!!).  Imagine buying two laptops in one year, ugh!  I am on a great path.  It feels so good to finally have an understanding of how to manage my money, not from an investment perspective, but from a month to month, real life one.  I’ve always been good at saving, but that’s not the path to wealth, I think.  It is instead knowing how to daily make decisions that impact your ability to build wealth – knowing that each expenditure is a sacrifice of one goal for another.  Lovely!