Friday, December 30, 2016

WILL THIS GENERATION MANAGE?

Well, I spent my morning doing the house budget for the next three months, as well as really analyzing the one I had in place for the prior three. The good news is the next three look outstanding. The last three? Absolutely, horrendous. Knowing full well there was more going out than going in, early-November I made a surprise announcement to my grown children: “The Bank... IS CLOSED!”

I should've done it this past summer and I have no one to blame but myself. Against any/all good judgement, I am the one that kept the 24 hour wicket open. It took a couple of very large dollar (hollow promised) 'I'll pay you back' incidents for me to realize they had no intention of doing so; so I finally shut 'er down.

A very necessary... But dreaded task!
TAKEN: DECEMBER 30th, 2016
When I think back, I credit my mother with a number of my character traits but there are two in particular I am grateful for as I muddle through midlife. 

She always taught me to pay myself first, which I do; and the second is that (from her wheelchair) she taught me how to structure/follow a monthly house budget. I still remember she use to make me type it out, after she passed I had a ledger book, now I simply use a formulated excel spreadsheet. Today, I offered to teach my daughter how easy it is; she agreed to try.

Budget mentoring aside, as I look at the next three months, I see some very solid savings into April. I would be lying if I didn’t say that I was disappointed last fall to have to cancel my 2017 birthday trip to China. I worked extremely hard to save that money, and because I have always refused to travel on credit nor retirement savings, a change in plans was my only option. At the end of it all, I just keep telling myself that those dollars were simply needed somewhere else. Somewhere much more important. With a deep hope, that when transferred, they were truly appreciated. 

Now that my first quarter budget is officially done, I need to find my bottle of glue. Time to put that blasted piggy bank I decimated a few months back, back together. You see, many moons ago I went for the really shiny, pretty porcelain finished piggy, when my gut told me the practical purchase was the ugly plastic one with the key in its belly. Again, my own fault.

Now, where the hell is that glue!!