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The best way not to spend money – hasn’t changed!

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You’ve probably noticed a trend in my posts. A lot of reflection and looking back. But one thing has not changed. The best way for me to save money ie have more to pay toward debt, is to stay home!

The difference between then and now…is that I have a home that is MINE! And one that I have transformed over the past year into a place I love. Now that the weather is turning, I am spending hours upon hours out on the deck. It is shaded in the morning and shaded in the afternoons. I drink my first 16 oz. of water daily there as the dogs greet the day.

And many mornings, I’ll pull my laptop out there and enjoy the cooler air.

sitting on the deck

And then, of course, it’s a great spot to eat dinner or jump in the hot tub at the end of the day. I guess, all this to say, that I think having a place you love to be directly correlates to the money you are tempted to spend to escape the “hard” in life. And I am so grateful to have this space that I love.

When I was speaking to my fiance today, I told him I was planning to find a good book and spend the whole weekend at home. There is something so freeing about that. No pressure to plan, to entertain or really even to feed anyone. (Gymnast typically works at his serving job all weekend.) How come it took me so long to get to this place? To become satisfied with exactly where I am.

With this quiet season of life, I am going to take advantage of the money savings of just staying home! And see how that translates to savings and debt payments.

By the way, is there such a thing as a no spend quarter? I am thinking that would be a good way to kick off 2023. I wonder what that would look like. Love to know your thoughts.

Money Mindset – Still a work in progress

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I have struggled with my relationship with money my entire life. It began as ignorance…seriously, I graduated from college, move to a big city (Chicago) and even bought a couple of cars and had absolutely no idea how money works. No clue that credits scores existed, never heard of debt to income ratio and the list goes on and on. I was wholly unprepared to be a financially responsible adult. Wholly!

I have written about that before, how I believe our schools should have a required curriculum on basic personal finance concepts. But I digress.

Even 6 years ago, I was struggling, not only with my terrible decision making, but also just know what financial concepts were and how they worked together.

I found myself reverting to “old” thinking the other day. And I quickly squashed it.

Many BAD readers will remember that my budgeting process was kind of backwards. I would compile all my line items. And the plan to make the amount of money I needed to meet all my needs and wants. Yes, I know stupid.

The last two years with a healthy regular income, really helped me turn the corner. I knew how much I was going to bring in and I knew the cadence. But I’m back to contracting…and while I do have regular pay and a regular pay schedule. I find my mind returning to “the old ways” – planning a budget outside of my means.

As of this week, I am in negotiations to turn my contract work into a full time job. I have asked for a bit more money than I am making now. So we shall see how it goes. I haven’t decided if I will remain here if they won’t budge on salary. But we will see. Wish me luck!