No matter how careful you are, at some point everyone experiences a money bleed. You know, those time when money seems to just flow out of your hands. Well, right now is one of those times for me.
Okay, so we aren’t talking a life shattering money bleed. I’m not struggling to make ends meet, or even living paycheck to paycheck. I guess that’s one of the benefits of being in a more stable financial position. But over the past month I’ve watched as more and more money flowed out of my bank account. Hundreds of dollars for plates and insurance on the new vehicle. Hundreds of dollars in medical expenses. I’ve signed a contract to spend thousands of dollars on a new porch roof. Thousands and thousands of dollars of my hard-earned cash, gone.
Mathematically speaking, the adjustments have been simple; Rearrange some of my savings accounts, and redirect my weekly deposits. Emotionally, it’s been a bit more challenging. I’ve watched as my net worth and bank accounts have both gone down. The reality is, there are times in life when this happens. For any number of reasons, planned or otherwise, there are times when you’ll find yourself spending hundreds or thousands of dollars. That’s what emergency funds and dedicated savings are for. Of course, it’s easier the more savings you have. When you’re watching a large portion of your savings go out the door, well, it hurts that much more.
I just keep reminding myself that this is life. The reason I save money is so that I have it when I need it. The point of growing my worth isn’t so I can brag about some big number. It’s to be able to put that money to work for me, so I can live the kind of life I want. Obviously there are going to be times when my net worth stagnates, or even decreases. That’s the way with money. I’m at a time in my life when I definitely need more growth than decreases. But I have to expect at least a little of both.
So, October’s a bad month for me, financially speaking. But there’s light at the end of the tunnel! I’m overcoming my short-term financial hurdles, and moving on towards better days!
– Cindy W.