My journey with money up to the last 10 years or so entailed a lot of optimism, naivety and avoidance. All describing words you would hear from someone has achieved financial success (please insert sarcastic tone here). Still believing it was the world of my parents, but with nicer home décor choices, I made decisions from my heart, but very rarely from my head which when you fail to combine the two often leads to either cold, logical choices or warm, foolish ones.
These are the foolish things I believed:
- We could be a one-income family and have a pretty good standard of living.
- Slowly-mounting credit card debt was fine, I could pay off those extra credit card charges next month.
- I was good with organizing money, and I could do it better than my husband.
- Nickels and dimes didn’t matter.
These are just a few of them. There are many more, but some are too raw to unpack right now.
How wrong I was. This is what I have learned to be true:
- One-income without a financial plan is unfair to your partner and your relationship.
- Credit card charge left unpaid is bad news and means you should not have a credit card.
- I am terrible with organizing money. I’m a pleaser. Pleasers should never be allowed to manage money. We just want everyone to be happy, even if that definition of happy is completely skewed. My husband is way better at saying no, therefore, way better with money.
- Nickels and dimes do matter. If you have a handle on the nickels and dimes, you have a handle on your finances.
So, why am I even bringing this up?
My husband and I have been in the process of embarking on a new kind of financial journey which makes me excited about all things money.
I want to blog about how much fun I have with money now, saving it, not spending and how the goal posts in my financial journey have changed from avoidance to fully embracing and celebrating my painfully-acquired wisdom. Besides, blogger by definition means a writer who is too cheap to pay for therapy, so walk with me and let me get it out.
Note: It is not my intention to provide money advice. There are others far smarter than I who are offering this. Rather, I prefer to have coffee conversations and exchanges of anecdotal wisdom…really continue in the fashion of my past posts.
So, consider this the foundation laid. Let the therapy begin.