Bills, Budget, Money, Oh My!

My mom asked if I was technically a millennial last night. I told her technically I may be an #eldermillennial. When I was young, even when things were at their worst, I never worried that we wouldn't have a roof over our heads or food on the table. I never saw my dad use credit cards, really and when divorce things happened in any part of my family I don't ever recall any complaints about money involved. Perhaps it was all on the down low.

Money stuff is hard. Let's just be real and admit that paying bills sucks as does adulting but financial stuff is hard. During one of my darkest years recently I had seen old friends doing well. They had new houses, new cars, golf carts, and great dates all posted on social media. I felt like I was always struggling and kept getting shut out of having even a chance to have those things. I was once confronted by someone as being "A hater" because I just said, "They have everything including what must be some serious credit card debt, which I could never do."

It was funny to me how that made me a "hater." I learned the hard way, really fast, and then even worse and slower like when you're afraid to remove a band-aid, just how bad all things related to credit and debt could be. And worse, I had nothing to show for it. I wasn't a shop-aholic. I had no new vehicles, we couldn't get a house loan, nothing. No memorable vacations or anything. It was all just...something for another post, or maybe my book.

Back to the point of the debt. My dad taught me how to use credit cards, and I know not everyone is so lucky. For me, real debt, more than something that can be easily caught up on in a month or two, makes me stressed, anxious and very defeated. It's often a point of contention.

I was raised not to discuss money things with other people and from that has come a lot of misunderstanding a grief. I should have asked for help in terms of advice and how to do things the most efficient ways. I've had to change my methods over and over. And this is what I know:

You'll always have "some" debt. It's inevitable. It's all about the debt to net worth ratio. My uncle once said this to me in jest, but when we were buying the house, it all became clear, if your debt outweighs what you can predictably bring in...you're doomed. I do everything in my power to "live within my means."

I'm a saver. And my husband is a spender. Sigh...imagine the controversy there. It has not been easy. I'm that person that the day the bill arrives: PAID, POOF, MONEY GONE! I want things taken care of immediately. No past due balances or skipped payments for me. I believe that after the bills are paid you can go out to play. You don't go out to eat when you have an electric bill you'll barely pay in full.

After adulting and doing all the math over and over and over. And obsessing over and over and over about everything, I'm pretty close to keeping us at break even and this is a big deal in my world. I do get upset from time to time when I have to scale back. I recently had to get rid of my gym membership which stinks, but I do enjoy having dental insurance. 

Financial struggles and life struggles are hard to share and I think I still keep stuff pretty private. A lot of my association with failure is aligned with money. Like clearly you're successful if you have all the things right? Not really.

I spent the last year just so done with all these unfair ideologies I pushed on myself for so long. I started to really focus on how to handle the disappointments and hurdles and just ask myself "What can be possibly done now? What can you hope to accomplish in the future?" I've really had to retool so much of my thinking and I feel better for it honestly.

I will tell you one funny misstep though: I had reached out for a financial mentor and it was the most ridiculous thing I'd ever encountered. After we moved our money into retirement funds and savings accounts and started really breaking down what we earn and where it goes, I just thought "We have to stop living paycheck to paycheck."

When I called and started breaking things down, not only did I feel stupid because I only had ballpark numbers of certain things, but I was made to feel pretty stupid too. Little things like opening our retirement accounts and "you couldn't have put that much in because XYZ..." Well we did, however it happened with our financial investor they did it. The next advice was to close all but one credit card, and we only had two. And the 2nd one I'd had since I was 18. Same account, which means I have a great history with them and I just thought..."that seems like really bad advice!"

The last advice, which was good but too much for me was "Write down exactly what you spend on every single thing and keep every receipt." This is where I get ridiculous. I have a serious hatred for receipts. I wish EVERYTHING was an e-receipt and we stopped using that horrible paper with that ink. I can be wasteful about stupid stuff but I HATE RECEIPTS. And I never keep them unless I MIGHT need to return something. Also, every purchase? Ever heard of internet banking? Aside from what exact groceries you buy, it's all there, on a credit OR debit card.

After the conversation I just felt kind of annoyed. I had taken control in financial chaos and busted my butt to get us on track and now I was to do more? And here's the thing, the steps we took were just so huge, that I wanted to enjoy the success, not add on more work. Also? We had just enough to get by. This didn't account for, large car repairs, raises in insurance, a raise in pay or other things. There's so damned much unknown. You literally cannot plan for everything. So why make myself crazy?

And that's when I gave myself a nice pep talk: "Look, you can do what you can and remind yourself that your family will never let you go without anything necessary in life if things get really bad, and stay tenacious, and not sweat the small stuff, or you can try all these things, sacrifice some more sanity and have it probably not work for you in a functional way. What will make you happy?"

I figured out my own way. That's what made me happy. Finding my own way to integrate the advice, and everything else to keep us on the correct path. I finally saw everything from all angles and I just wanted to keep up the good fight without messing with the delicate balance of what I'd begun.

I'm more grateful now I feel. I'm more, in tune with where I want to be and where I am. I still throw a tantrum if I have to be responsible and miss a concert or can't go buy new bras just because there's a sale. But I've seen a lot of great concerts. And there's always another sale and my current bras still function. There are also so many less fortunate and I really would like to be able to give back to them in a real way. I think that's a much better goal than new furniture.

These are all growing pains and I'm always open to ideas and advice. And most people have financial issues in some way or another. The American way feels like we're spending what we haven't made but I'd like to be the cheese that stands alone on that one. Much like everything else in life it's one day at a time. And it's a constant check and balance on we can do extra and what we can't.

But the bills, budgeting and money...sigh, oh my. They will always be a part of life. Find what works for you!