"If you can’t manage your emotions,
don’t expect to manage money."
- Warren Buffet
“Whatever’s highest on your value list
you’ll always have money for,
whatever’s lowest you’re going to
run out of money for...
..So if you don’t have a high value on saving money,
investing money
and building wealth,
it’s not going to happen.
It’s a fantasy.
Many people think when they get extra money
then they’ll begin saving...
...That’s not the way to do it.
You've got to let piggy banks
become biggy banks,
you’ve got to save something
every day.”
- Dr. John DeMartini
I ran out of money.
See, I've been working, teaching, since May 18th with no paycheck.
Why?
Summer adjuncts get paid in July and August.
I know that.
That's how it's always been.
I've been teaching every summer for the past 8 years.
BUTTT
I've always taught from late June to early August.
I've never taught from mid May to early July.
This year I started teaching in mid May.
Sooooo I figured I'd get a paycheck in June this year.
WHY WOULD I EXPECT THAT??
Why would I expect that and not find out for sure??
Good question.
I didn't find out for sure because I didn't want to know.
I've been in denial about my finances for years.
My M.O. was to ignore it and hope it would fix itself.
This past year I filed bankruptcy.
I erased $84,000 in medical debt.
That started my slow process of getting a grip.
Slow process.
My grip is still in the process of being gotten.
This past year I pulled most of my student loans out of default.
Worked more, too.
I taught 4 classes at 3 different colleges this past spring.
This summer I'm teaching 4 classes at 2 colleges.
I'm working my ass off (you'd think my ass would be gone by now!)
Yet, with all that work, I ran out of money.
I had to get an advance on my paycheck last week so I could buy food
and even THAT money didn't last.
Payday is July 2nd.
My wallet is empty as of June 25th.
The usual cycle of the Momma prevailed.
When I'm solvent with plenty of cash my mother wants to throw money at me.
I don't need her money so she feels panicky.
She finds reasons to spend money on me.
She overspends on meals.
We get frequent pedicures.
It's like she's crying for me to continue needing her.
She'll hand me her wallet for things when I'm willing and capable of paying with my own.
When I'm broke everything changes.
She gets tight on me.
She lectures me on how she can't "keep this up at her age".
She frets over the credit card bill.
She chooses cheaper restaurants for lunch.
She won't hand me her wallet as often.
She'll be sure to tell me of my father's dissatisfaction with my current level of employment.
At times she's made me cry over it.
Last night she gave me one of those lectures. As an added bonus she included the new "fact"
that my father is "losing his mind" and doesn't remember my calling him on Father's Day.
My eyes spiraled with stress when she said goodbye and I hung up the phone.
I felt stupid and childish.
Maybe, I thought, maybe it's because I'm acting stupid and childish?
Maybe it's time to be more careful with my finances.
In the past I've spent what I had as it came in.
I was afraid that some institution to which I owed money would swoop in and take it before I could use it myself.
Having money filled me with dread so I got rid of it as soon as I got it.
Lately, I've been spending it on good, nourishing foods, supplements and other healthy things but the pattern of spend starve spend starve was still the same.
Last night shook me up.
It's the last lecture I ever want to hear from her.
This is the last famine I ever want to live through.
Time to stop cowering in fear of my student loans.
Time to stop flagellating myself for being employed part time instead of full.
Time to stop fearing that I'll have to change my lifestyle if I look at my finances.
Time to make a budget.
That's right.
I said it.
Budget.
I feel like Fonzie trying to say the word "wrong".
Budget??
Ugh!
I've spent carelessly for so long I don't know what it feels like to say 'no' to myself.
My biggest fear is that I'll have to give up Cable.
But as I listen to Dr. Demartini I hear a different story.
He says we'll always have money for the things we value most.
If I value my Showtime on Demand (Weeds, Dexter, uh...hello?)
then it's in my budget.
If the budget needs to be trimmed, I can find a way.
OR
I can find ways to bring in more money.
I haven't done Ebay in months.
I haven't listed books on Half.com.
I haven't actively sought extra income, so there's the possibility that with careful planning, budgeting, saving, earning and spending, I'll be fine.
I'll be better than fine.
I'll be at peace.
It's a universal law that we must care for and appreciate what we already have before receiving favor and increase.
How can I expect to have more when I'm mismanaging what I have now?
I'm making more money yet I'm still broke and struggling.
I'm just broke at a different level.
I know people who drive BMWs and live in fabulous townhouses and they still have financial woes. They have to borrow from Peter to pay Paul. They're short on the mortgage payments.
They can't afford to eat out.
They make in the 6 figures but they're broke like me.
Just broke at a different level.
The experts say that we don't have to have a lot to put money away and have wealth.
We can live comfortably within our means and expect increase if we build wealth.
My current cycle has to stop.
I don't want to live in panic when I have money and in regret when I don't.
It's no fun.
I have a hunch that I'll be happier and more at peace if I make a budget and stick to it.
In the long run I may have more money for the things I enjoy.
Getting a grip on a small purse
will give me the skills to get a grip on a large purse.
That's what I'm banking on anyway.
*Lisa's Video Pick of the Day*
John Demartini says we will always have money for
the things that are high on our values list.
If we value money we'll have/make more of it.
We can't complain that we're broke if money is at the bottom of our values list.
A budget is a way to prioritize values.
Managing money wisely brings more money.
Ignoring it makes it go away.
click here or click below
don’t expect to manage money."
- Warren Buffet
“Whatever’s highest on your value listyou’ll always have money for,
whatever’s lowest you’re going to
run out of money for...
..So if you don’t have a high value on saving money,investing money
and building wealth,
it’s not going to happen.
It’s a fantasy.
Many people think when they get extra money
then they’ll begin saving...
...That’s not the way to do it.You've got to let piggy banks
become biggy banks,
you’ve got to save something
every day.”
- Dr. John DeMartini
I ran out of money.See, I've been working, teaching, since May 18th with no paycheck.
Why?
Summer adjuncts get paid in July and August.
I know that.
That's how it's always been.
I've been teaching every summer for the past 8 years.
BUTTT
I've always taught from late June to early August.
I've never taught from mid May to early July.
This year I started teaching in mid May.
Sooooo I figured I'd get a paycheck in June this year.
WHY WOULD I EXPECT THAT??
Why would I expect that and not find out for sure??
Good question.
I didn't find out for sure because I didn't want to know.
I've been in denial about my finances for years.
My M.O. was to ignore it and hope it would fix itself.
This past year I filed bankruptcy.
I erased $84,000 in medical debt.
That started my slow process of getting a grip.
Slow process.
My grip is still in the process of being gotten.
This past year I pulled most of my student loans out of default.
Worked more, too.
I taught 4 classes at 3 different colleges this past spring.
This summer I'm teaching 4 classes at 2 colleges.
I'm working my ass off (you'd think my ass would be gone by now!)
Yet, with all that work, I ran out of money.
I had to get an advance on my paycheck last week so I could buy food
and even THAT money didn't last.
Payday is July 2nd.
My wallet is empty as of June 25th.
The usual cycle of the Momma prevailed.
When I'm solvent with plenty of cash my mother wants to throw money at me.
I don't need her money so she feels panicky.
She finds reasons to spend money on me.
She overspends on meals.
We get frequent pedicures.
It's like she's crying for me to continue needing her.
She'll hand me her wallet for things when I'm willing and capable of paying with my own.
When I'm broke everything changes.
She gets tight on me.
She lectures me on how she can't "keep this up at her age".
She frets over the credit card bill.
She chooses cheaper restaurants for lunch.
She won't hand me her wallet as often.
She'll be sure to tell me of my father's dissatisfaction with my current level of employment.
At times she's made me cry over it.
Last night she gave me one of those lectures. As an added bonus she included the new "fact"
that my father is "losing his mind" and doesn't remember my calling him on Father's Day.
My eyes spiraled with stress when she said goodbye and I hung up the phone.
I felt stupid and childish.
Maybe, I thought, maybe it's because I'm acting stupid and childish?
Maybe it's time to be more careful with my finances.
In the past I've spent what I had as it came in.
I was afraid that some institution to which I owed money would swoop in and take it before I could use it myself.
Having money filled me with dread so I got rid of it as soon as I got it.
Lately, I've been spending it on good, nourishing foods, supplements and other healthy things but the pattern of spend starve spend starve was still the same.
Last night shook me up.
It's the last lecture I ever want to hear from her.
This is the last famine I ever want to live through.
Time to stop cowering in fear of my student loans.
Time to stop flagellating myself for being employed part time instead of full.
Time to stop fearing that I'll have to change my lifestyle if I look at my finances.
Time to make a budget.
That's right.
I said it.
Budget.
I feel like Fonzie trying to say the word "wrong".
Budget??Ugh!
I've spent carelessly for so long I don't know what it feels like to say 'no' to myself.
My biggest fear is that I'll have to give up Cable.
But as I listen to Dr. Demartini I hear a different story.
He says we'll always have money for the things we value most.
If I value my Showtime on Demand (Weeds, Dexter, uh...hello?)
then it's in my budget.
If the budget needs to be trimmed, I can find a way.
OR
I can find ways to bring in more money.
I haven't done Ebay in months.
I haven't listed books on Half.com.
I haven't actively sought extra income, so there's the possibility that with careful planning, budgeting, saving, earning and spending, I'll be fine.
I'll be better than fine.
I'll be at peace.
It's a universal law that we must care for and appreciate what we already have before receiving favor and increase.
How can I expect to have more when I'm mismanaging what I have now?
I'm making more money yet I'm still broke and struggling.
I'm just broke at a different level.
I know people who drive BMWs and live in fabulous townhouses and they still have financial woes. They have to borrow from Peter to pay Paul. They're short on the mortgage payments.
They can't afford to eat out.
They make in the 6 figures but they're broke like me.
Just broke at a different level.
The experts say that we don't have to have a lot to put money away and have wealth.
We can live comfortably within our means and expect increase if we build wealth.
My current cycle has to stop.
I don't want to live in panic when I have money and in regret when I don't.
It's no fun.
I have a hunch that I'll be happier and more at peace if I make a budget and stick to it.
In the long run I may have more money for the things I enjoy.
Getting a grip on a small purse
will give me the skills to get a grip on a large purse.
That's what I'm banking on anyway.
*Lisa's Video Pick of the Day*
John Demartini says we will always have money for
the things that are high on our values list.
If we value money we'll have/make more of it.
We can't complain that we're broke if money is at the bottom of our values list.
A budget is a way to prioritize values.
Managing money wisely brings more money.
Ignoring it makes it go away.
click here or click below
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