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Posts tagged with: budgeting

Before and After – Mindset Change



When I would receive an unexpected windfall, I would immediately plan something fun for it. A shopping trip, a weekend getaway or a meal out at a nice restaurant. In my head, I remember those times being kind of the the stages of manic depression…

Really high highs when I was flush with cash, even though there were bills unpaid, debt hanging over my head, etc. I would neglect things that should have been paid for things I wanted to do.

This time of high or joy would be followed by really low lows when I would question everything especially my parenting skills.

After…or rather Now

There have been several commenters who point out my “poor” person mentality. The example the first one gave was that I bought several magnets as souvenirs when we went to Chicago in February. I found that laughable. My $10-15 of souvenirs is what indicates a “poor” person mindset. I think it is more representative of a frugal sentimentalist. I know LOTS of people who have far more expensive mementos they pick up on every trip they take. (And they are far from poor.) When we began traveling way back when, I think Princess was a month or two old when I took her on her first trip, I chose a memento that was not expensive, easy to travel with and would last forever.

fridge full of magnets

Our adventure magnet collection…not a day goes by that I am reminded of a past adventure when I go to grab something out. Wonderful memories!

I don’t see how wanting something to hang on to and remember our adventures is indicative of “poor” person mentality. Nor do I see how encouraging and supporting my daughter as she become more independent is a “poor” person process. But who knows…

Back to the now…

In the last few weeks, work has pick up significantly, and not just steady daily work but larger website projects as businesses ramp up their online presence. I am getting a lot more project work than normal and that is what I refer to these days as an unexpected windfall. Instead of earning steady money every week, which I am doing as well, these projects come with hefty deposits and final payments. And I can turn most of them pretty quickly when I have time to just sit down and work…

But with these monies, instead of jumping to spend it, blowing it on some whim. I am learning to let it sit.

Part of that is the result of having been in storm mode for the last couple of months. But it is also helping me change my mindset and my gut/emotional reaction to having money that is not earmarked for something. And that has been huge…and sometime hard. But a big change for me.

The good news is that in just a week or so out from my decision to focus on the smaller of my two student loans, I have no paid 2 months of payments directly to that loan. Seeing such quick progress is very motivating.



Guess who got a job!?!


It is official. Princess has her first job. She turned 16 earlier this week. Applied for jobs the next day. Went in for an interview the day. And was hired on the spot. Score!

Princess turns 16

We are not sure how many hours she will get per week; although, she told them she would like to work full time. She will make $8 an hour at a local fast food restaurant as a cashier.  Unfortunately, there has been a delay in getting her drivers license due to logistics within the state so she won’t be able to drive until the end of the month.

A New Car in the Family

As a result of all this, History Buff is ramping up his plans to get his own car. I am not sure how this will pan out as I do not know how much he has saved.

And for now, there will be no other car for Princess, so she and I will share as originally planned. Her dad changed his mind about coming for her birthday at the last minute. And at this point says he doesn’t have the money for a car. All of which is fine, and not a complete surprise. Just disappointing since he told her repeatedly she would get a car for her 16th birthday and that he was going to come for her birthday. But frankly, neither of us was surprised when neither panned out. But I was disappointed for her.

The Increased Cost of Auto Insurance

I did call our insurance company to find out how much our auto insurance policy will go up when she becomes a licensed driver…

Wait for it…$1,898 for a 6 month policy. And that’s if we do not add a 3rd car to the policy. I’m not sure what it will be if we add another car. I also quoted removing one or both of the twins in case that would be cheaper, since they pay their own insurance. But since they are under 25 and still live at home, it continues to be cheaper for them to stay on the family policy.