I grew up in a house where my dad handled the finances…diligently. I married a man who, for one reason or another, hates the thought of looking money square in the eye. He loves throwing it around and wasting it, but he doesn’t like to face the music and see how much, exactly, he spent. So, naturally – with my father showing me the ropes of budgeting, my degree in finance, and my marriage to someone who doesn’t want anything to do with dollar bills – I am the family finance “manager”, if you will, in our household.
© vladimirfloyd / Dollar Photo Club
Without knowing much more about me, you might think that we have a beautiful budget (I do like beautiful things), our savings is strong, and we have money growing on trees in our front yard.
Even the Queen of England has her own problems.
That’s right, kids, I feel like a real failure as of about 9 months ago. In other words, I can’t keep up with our budget, we have the smallest savings we’ve ever had in our entire marriage, we have the largest house payment we’ve ever had in our marriage, we have two very young children, and my husband is currently trying to start a business. Oh, and in case you didn’t know already, I’m a stay-at-home mom.
I know I’m not the only person out there with problems, but boy do mine seem pretty monumental right now.
You’re right. Money and budgeting aren’t the only things to life.
But they are a pretty major part of living in society in our day and age.
Here’s what happened and why I think our budget has fallen apart.
First, my spouse isn’t concerned or worried at all about it. Support would’ve helped immensely. At the end of the day, he didn’t really hold me accountable. And that’s what I needed most of all.
Second, I was getting more and more lax about it, doing it when I had “the time” and deciding that as long as we weren’t spending tons of money that we would be okay.
Third, I had our second child only 18 months after our first, which is actually really stressful. I just couldn’t find time for anything more than feeding the baby, then feeding the toddler, then diapering the baby, then diapering the toddler, then cooking, then cleaning, then…and the list goes on.
I blame myself entirely for not getting back on track right after I started veering off. So here I am. Lucky that I haven’t put us on the streets.
Now, I know I’m not the only person on the face of this earth who is dealing with money/budgeting problems right now. I want to change one step at a time and get back on track with our budget. If you are going through a similar situation, please join me in my efforts.
Just because I have knowledge from school about all of this stuff doesn’t mean I actually put it into practice. Right now, today, I am changing that. And I want to be changed at the end of it and never make the same mistakes again.
You might be happy to know that I’ve already taken it into my hands to start a bill paying system. Now that it’s in place, I’m going to see how it goes and hopefully never miss another payment again!
Are you the family finance “manager” of your household?
Linked to: SHINE Blog Hop, Blogger’s Digest, and Thrifty Thursday
You Need a Bill Pay System
My Struggles as the Family Finance “Manager”
Mistake #1 – Quit budgeting
Mistake #2 – Mixed up wants and needs
Mistake #3 – Used credit cards for things we couldn’t afford
Mistake #4 – Overcomplicated our budget
Mistake #5 – Checked over our accounts less often
Mistake #6 – Saved $0
Mistake #7 – Spent bonuses
Mistake #8 – Bought low-quality appliances