General Goals 1) to be debt free in 3.5 years 2) save lots of money

Thursday, October 20, 2011

Its Pay Day Today!

Pay Day is one of these strange creatures, where your never quite sure if your getting a head or catching up. Are you paying the bills that are due this month and thus catching up or are you paying for next month as I do with my basic cell phone plan.

One of the things about Pay Day is that I get to pay my funds money. Theoretically I am paying myself but I don't look at it that way. For example last night a friend asked if I wanted to go out grab a bit to eat. I explained that I had $3.00 left in my account, which is true. Three dollars was all that was left over from my allocated spending money. What I neglected to mention was that I had three to four grand saved up between my different funds. You see he wouldn't understand that, that money is for rainy days. I could lay out the "aren't I a better saver than him" because I know his financial  situation. In fact I will be creating his budget for him in an attempt to get him on a 'savings track'.  What I will say is if I had his cash flow my debt would be half to three quarters gone.

I could be in a worse situation. A lady at work this morning had just finished paying her bills and by the time she had done she had over drafted her account by more than $1700. I stopped over to say good morning to her and she mentioned it to me. I confess all I said to her was "well I guess its time to budget." Not the most considerate of things.

The point of this post incase you were wondering was to remind myself and you (if you need it) that everyone is in different places financially. But that you have to be humble and thankful for what you have accomplished and done thus far.

note: 3.00 snowflaked jar at: $520.16


  1. Amen. I will never go back to the days when I got paid and I was still in the hole. Years and years of living in such fear. When I would run out of contact lens cleaning solution I would panic because it was $6.00 a bottle and I did not know where I would get the money. never, ever again and I certainly appreciate where I am. People who don't know how to budget and are in debt don't understand saving and keeping it there. Money is for spending, you were right not to say anything to your friend until they are on the road to wanting to get out or make things better you just irritate them or make them feel bad. I remember not so many years ago having a budget and being $11-1200.00 short every month. It was so awful, but slowly, slowly I have worked my way out. It is not perfect but I am climbing the ladder one day at a time. I really like your blog.

  2. Every payday is bill paying day... for me, it's paying for the current month (luckily, half of my bills are due earlier in the month, the other half later in the month), so I pay them even if its 2-3 weeks ahead their due date. For my parents, I am paying for overdue fees, not even the current months. I appreciate where I am compared to where I could be, and I'm really grateful that the place I want to be at isnt out of reach.

  3. This is a great reminder. I can't ever imagine that right after I get paid I have to go $1700 into overdrafts. I don't ever want to know either. This is a great reminder to be thankful everyday.