It's scary when you are down to your last penny and....
Posted by Yvonne S on Saturday, April 25, 2009
It's scary when you are down to your last penny and wonder what ever happen to the money I just got paid yesterday!
I was like that once. I had no clue where or when or how my money would leave me. My relationship with money was awful. I had just graduated high school and decided to try a new adventure. So I packed my bags, said good-bye to my parents and moved to a new town with $2000 in my pocket. I thought I was set. I had a place to live but no job but that was ok. I would land one quickly and besides if I really needed money, "Mom and Dad would send me some."
We'll reality hit after I was there for 1 month, had no car, no job, no more money and the place I was living at was being sold so I had to move. I called Mom and Dad and they sustained me for awhile but then one day instead of receiving money I got a book from my Dad. It was my first budget book. "What the Heck!! I needed money not a book!" I had nothing else to do so I read the book and it changed my life. Instead of living like there was no tomorrow, I was living like there was a tomorrow and I knew exactly how to get there. It paved the way for me to have opportunities, I never thought I would get. The best gift my Dad ever gave me was the budget book.
Life was not easy on a budget but it was so better stress wise because I did not have to worry where my money was going but instead I was in charge of where I wanted it to go. Later in life I got married and wiped out my Spouses debt of $16,000 in 1 year while on unemployment. It was a blessing and a curse at the same time.
I began to grow arrogant in my abilities and think that I could play with money, credit cards and stay on top of it all using the budget. My spouse and I got a home that was a great deal but ended up as a money pit. We had to file bankruptcy and as a budget "guru" in my mind I was embarrassed and felt defeated. I had abandoned the key principles I had learned. But I also learned now, that we can not always see the future and even if we think we have it all planned, life happens. Now, the smarter and more humbled because of my experiences, I still consider myself a student in this venue but a teacher in personal experience.
If I can share my small body of knowledge and help someone in the process. Then I think all the mistakes I have made are for a good purpose.
I was like that once. I had no clue where or when or how my money would leave me. My relationship with money was awful. I had just graduated high school and decided to try a new adventure. So I packed my bags, said good-bye to my parents and moved to a new town with $2000 in my pocket. I thought I was set. I had a place to live but no job but that was ok. I would land one quickly and besides if I really needed money, "Mom and Dad would send me some."
We'll reality hit after I was there for 1 month, had no car, no job, no more money and the place I was living at was being sold so I had to move. I called Mom and Dad and they sustained me for awhile but then one day instead of receiving money I got a book from my Dad. It was my first budget book. "What the Heck!! I needed money not a book!" I had nothing else to do so I read the book and it changed my life. Instead of living like there was no tomorrow, I was living like there was a tomorrow and I knew exactly how to get there. It paved the way for me to have opportunities, I never thought I would get. The best gift my Dad ever gave me was the budget book.
Life was not easy on a budget but it was so better stress wise because I did not have to worry where my money was going but instead I was in charge of where I wanted it to go. Later in life I got married and wiped out my Spouses debt of $16,000 in 1 year while on unemployment. It was a blessing and a curse at the same time.
I began to grow arrogant in my abilities and think that I could play with money, credit cards and stay on top of it all using the budget. My spouse and I got a home that was a great deal but ended up as a money pit. We had to file bankruptcy and as a budget "guru" in my mind I was embarrassed and felt defeated. I had abandoned the key principles I had learned. But I also learned now, that we can not always see the future and even if we think we have it all planned, life happens. Now, the smarter and more humbled because of my experiences, I still consider myself a student in this venue but a teacher in personal experience.
If I can share my small body of knowledge and help someone in the process. Then I think all the mistakes I have made are for a good purpose.
