Saturday, April 21, 2018

Lifestyle Choices and Saving Money





Money, a huge topic.  Are you a spendthrift?  Do you actually think about how much you spend for things?  Are you thrifty? Are you a saver of money or are you frugal?  Who knows what the future holds?  What would we have done earlier if we'd only thought about it?  Talking about things like that today.....

Am I an expert in saving? No!  Do I have a huge knowledge in investing?  No!  I don't claim to have any, but will share what I do know just in living and the choices made.  Doing so without telling all of course.


I think we all have a tendency to spend money a little frivolously from time to time.  Unless we are independently wealthy, it doesn't happen all the time.  At least it doesn't without consequences of course.




We all know some who spend as if there is no tomorrow, and then the inevitable happens.  Tomorrow comes and they need help.  The thought never crossed their mind, because they were living for the day only.


Down and Out after spending without thought



I've known people that had only one thing on their mind and it was money!  They would Dwell over, Worry, Hoard money, wouldn't spend a dime unless it was an absolute necessity and no other way out.  In fact had a few in the family tree (not saying whether it was in-laws) I won't tell.  Anyway they almost made it seem that money was something to hold onto with tightfisted hands for life. Money was almost an idol to some of them.


There is such a thing as being too much of a Tight Wad!
 It is a known fact "You can't take it with you when you die." 


Some people seem to have it all together, I wonder did they when younger think of how it would be when they grew older?  It takes some thought and planning to make life a little easier in the long run.

Young people one important thing you should know and that is SAVE!  Save now while you are young so when you are older you will have a less stressful life, you can't or won't work forever!  Save some money for a rainy day, and believe me there will be rainy days!




You have a job and they offer matching in a saving plan of any kind like a 401K, then by all means invest all matching funds.  You won't miss it, I promise.  


You only make a little money then, I say to you SAVE a little each pay day.  Really if it is only $5 save it in savings account, heck I don't know save it in a coffee can. (just don't tell all where that coffee can is.)  You keep your paws out of the coffee can as well!  (lol)

I said earlier young people but it should read people in general should SAVE!  It's never too late!



Sharing

I know what's on your mind is Dolly wealthy? (I know I'm laughing too.)
Of course not in money anyway.
I'm wealthier in so many more ways and thankful to the Lord for it too!
Me at 5 and little house that time has taken a toll on.

This house pic was taken after trees were cut and for many years it sat among the trees
We stayed in this house while my daddy built our family home with his own two hands!

Before I go any farther on this topic, let me just say, does this house in above picture speak money to you?  Of course it does not.  I'll tell you what it says to me though.  It says that a close knit family moved into that small house and lived for over a year. That was just to be closer to the grandparents on the farm.  This old house was held together by pegs and glue. No nails were used in this sharecropper's house.  It was said it may have also been slave quarters. You can read more about it in Simple Living.


The home daddy built
I loved this place  lots of memories were made there
It was in it's time a very large home
We lived simply and happy!


Me Being In Deep Thought

You already know that life choices we make not only affect us but others around us as well.  Think about that statement, really think about it.  Each of us determine the direction our lives will take us by the choices we make

Along the way others are involved as well.  There is something to be said about learning from our mistakes.  That is how we learn sometimes.  Can we change things?  Not all things, but we can change what isn't, or hasn't worked in the past that is for sure.  It is a live and learn kind of thing.

There are times in your life when circumstances and events happen that you have no control over.  You then have to decide to pick yourself up, dust yourself off and Move On.  Think of it as a new adventure.

So you gave up lots of money, prestige, and a lot of unhappiness, just move on and forget about it!  Keep a level head and start anew.

A friend, Bill once told me, "Think about it Dolly, because most people don't." When you marry, you not only get the spouse you gain the entire family like it or NOT."  There is some truth to that one...


THINGS IN GENERAL COST
LIFE EVENTS

  • You are grown move out now you are in charge of your care.  Home and all the expense that comes with it.
  • You go to work there are expenses with that.
  • You marry then a new life begins along with a whole lot of expense
  • You have children and talk about expense! Babies needs are important
  • Children grow up and graduate...expense 



  • College to pay for...and let's just face it a parent is always a parent.  It is great when they get out on their own but we mother's/father's always want to be there.  (I found it hard to let go and as the years go by am giving them their adulthood.)...but I'm always here...
  • Empty nest and you think you have it made! ( I still cry when my grown children leave here to go home.) Yeah, right think again...still expenses and you find it didn't cost that much having the kids at home, like you thought it did...hmmmm scratching your head..Your house is still the same size, your electric bill still the same..water bill if you have one still the same...Now you should be saving on the grocery bill some...
  • Grandkids come and there you go!  Oh boy, new little creations that are just so precious that you can spoil, buy for, play with,,....and then send them back home with mom & dad...
  • Some sad things happen your parents are getting older and maybe sick.  This one takes a toll on the heart and if you are working a public job it may become impossible to continue on if they need you.
  • You retire, you work harder enjoying it more most times but the money isn't what it used to be.
  • Your hubby retires and your income really becomes less.  Plus he is in your house...(notice I said your house..lol) in the way and by gosh HUNGRY as a bear all the time!  Talk about expense! (and weight gain!)...I've gained more than I like with him home....love him, need to find him something to do...
  • Then the unthinkable thing happens your MIL has Alzheimer's Disease..That is another story in itself.....I won't continue with that let's just say talk about expensive!!! Not something she or we expected...so one of the circumstances we find ourselves in that is very costly.
ENOUGH OF THIS!
THE WORD FOR TODAY IS
SAVE


POST COMING SOON!

MY TIPS FOR SAVING MONEY

Am I frugal?  Maybe somewhat.
I have my times of spending but they aren't very often.
That is the secret to balanced spending!

You want to have some for shopping 
Don't you?





7 comments:

  1. Ha! My post today is on my refocus of my blog to frugal living and learning to manage that thing I am so afraid of....money. When I was divorced I had never handled money at all so I am just now, 4 years later stumbling through the fear and trying to learn. I will be watching your tips and covet your prayers for my journey.

    ReplyDelete
    Replies
    1. Hi Michelle!
      Great refocus and I've just added you to the list of those that I keep up with! Don't have fear You'll do fine. Yes, I surely will be in prayer for you and your journey! Dolly

      Delete
    2. I'll be in prayer too Michelle, it is a rough road to how. Don't anguish over the past and it's spending's. Just look forward and don't give up.

      Delete
  2. Hi Dolly,

    This is a very relavant post -- something in here for all of us. I'm sorry about your MIL; that's such a heartbreaking disease. Saving is extremely important, and thankfully, we've been able to do that. I credit my husband for really planning ahead that way. Neither one of us are spendthrifts, but we do try to enjoy life. As you said, we can't take it with us.

    You made some good points, and I look forward to your next post. Have a good weekend!

    Hugs,

    Denise

    ReplyDelete
    Replies
    1. Hi Denise!
      Thank you so much. Yes, I agree Alzheimer's Disease is heartbreaking. I'm so glad you've shared with us and so glad you are doing well. I sure hope you have a great weekend too! Good to hear from you!
      Dolly

      Delete
  3. Morning Dolly, A great post. I have been spending money like I still had it coming in. Needless to say the last two years after retirement has made a major change to my finances. The last two months I start following some of the homestead blogs and finding some small ways to save. They add up. 'm anxious to see what you have to share.
    While being the caretaker of your MIL is an act of love it is still hard on the family, been there. I'm praying for your family.

    ReplyDelete
    Replies
    1. Good Morning! Retirement is one major thing that got me to thinking in this way....I love the Homestead Blogs and need to get back to following more myself. Thank you so much for the prayers. That disease is something else.

      Delete