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Save, Because You Never Know

October 8th, 2019 at 01:26 am

SO called Sunday and asked if I wanted to go to Sweet Tomatoes 🍅, he had a coupon. One thing I noticed he made “jokes” about it (having a coupon) but for some reason I think the “jokes” about saving took the onus off of him that he needs to be intentional with his money.

Living with his mom and her dysfunctional lifestyle has opened his eyes, he’s mentioned that, not to mention that he’s lost a ton of weight, so it’s obvious. It’s sad because is lack of response and spine, is going to be the death of him. I’ve heard of momma’s boys but this relationship is extreme. He’ll lose everything not to “upset” this woman.

Other news, I went for a walk Saturday, Sunday and Monday, had plenty water these days, my goal was to not have one soda 🥤 this week, epic fail 🙄🤦🏽‍♀️. I had one on Monday, it’s better than three.

I’ve been slacking with going to church ⛪️ and I don’t know why. I just don’t want to go. I pray daily but I haven’t been in the mood, hopefully this changes soon.

I’ve decided to put a cap on the sinking funds. EF $12,000, this is six months of living expenses. Car $6,000, I want to be able to buy a decent use car when the time comes. $10,000 for the home repair fund (roof and AC is about 10 years old), $150 for gifts; $500 professional development/certifications; $5,000 HSA, this is my average deductible.

This is a ton of money and I’m sure things will happen for me to have to dip into the funds, like an emergency or car repair but at least I have a goal, and if I add a little at a time like I’ve been doing, I’ll reach them.

My debt free goal is seven years (December 2026). This include the house.
It’s going to be tough but I think it’s doable. I’ve managed to cut expenses, and not inflate my lifestyle when I received a raise. I noticed that since I’ve buckled down, I’ve become extremely frugal.

It’s true, that once you do something long enough it becomes a habit. I absolutely hate spending money. There are so many things that I say I need, but my priority is saving and paying down debt. For example, I give myself $15 a week for fun to spend, I’ve managed to hold onto these $15 for four weeks, hence, I currently have $60 in my fun envelope. It was so funny, I went into Home Goods just browsing, found the exact color curtains I wanted for the spare bedroom, the cost with tax would have been $30, almost half of my cash in my envelope, can you believe I said no? The old me would have bought those curtains.

So as I’m typing this blog, I hear water dripping. I go in the spare bathroom, nothing. Then it sounds as though it’s the AC. I feel cold anyway, turn the temperature up to shut the unit off and boom, as soon as the unit is off, water starts to run out 🙄🤦🏽‍♀️. Thank goodness SO friend is a licensed AC repair guy. I’ll call him tomorrow to come out. He’s less expensive and get the job done. I’m thinking the hose outside is backed up.

Moral of the story, save because you never know.

7 Responses to “Save, Because You Never Know ”

  1. latestart Says:

    While I understand your cap on sinking funds I disagree with capping Health Savings Account. I think of my Health Savings account as my IRA for future medical expenses. Maybe cap it at 2 years of deductibles. (What if you became seriously ill one month before the end of the plan year)

  2. crazyliblady Says:

    I like to buy curtains at thrift stores, because they are sometimes brand new or lightly used. I hate to see useable stuff going into the trash.

  3. Amber Says:

    Good idea LateStart. Once I meet my goal, I’ll contribute but at a lower dollar amount

  4. creditcardfree Says:

    Have you suggested that SO get some counseling for his relationship with his mother? He clearly doesn't have the skills to create boundaries.

    Great goals and plans!! You are doing fantastic.

  5. crazyliblady Says:

    I would suggest to SO that he 1) find a different job and then 2) save up enough money to go and rent a small house or apartment and then move out of his mother's house. He's doing damage to his financial future keeping going the way he is.

  6. rob62521 Says:

    You are right, it is always good to keep an emergency fund because you never know when something would happen.

    When I read your first paragraph and that SO joked about the coupon, I sort of wondered if he thought it was a jab at you and your frugal ways. He sounds like he needs counseling, but I would bet he won't get it.

    We buy a lot of things at thrift stores and rummage sales. I scored some sheer panels a couple of years ago new in the package at a friend's rummage sale for a buck a package. Being thrifty is a balancing act of not overspending and saving some here and there, but not going to extremes where you do without. I have a friend who is so cheap he won't buy anything. He is a nice man, but he takes it to an extreme. His clothes are threadbare, his shoes have holes in the soles, his house is basically hand me downs from his family and friends. He doesn't really enjoy life and thinks he is superior to those who spend. He has money, so it isn't that. But I noticed it has also been a part of his personality. He never married and when he told me how he treated a gal he was dating, I can understand why -- he would go to her house, expect her to fix him a meal, then they would go out and they would each pay for themselves, and he didn't call her because it cost money. Real romantic, eh? I think real selfish instead.

  7. Amber Says:

    @Rob I pray I never get that cheap

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