Quote From: queentweenI can understand how you all are feeling. Its really tough to get back on top of the world when you feel like everyone is trying to stand on top of you. It would be great to win powerball, but that isn't going to happen. If you take that $1 you spend 2 times a week, at the end of the year, you have $104- enough for an electric light bill. If you stop buying soda at the convenience store for .99, and instead buy it in cases at the discount place, you can save about $20. (24 pack is about $5, or 24 sodas at the convenience store=$24) If you can refrain from buying lunch and dinner at a fast food place, and instead eat at home, you can save a lot. The thing is, you can't save a thousand dollars today, but you can save $1. And soon, that $1 will turn into $100. All I can say is educate your children. The money you spend on educational costs like tuition, books, etc is much better spent than on bail, rehab places and emotional stress......
I know it's a strange goal but I got it from Suze Orman's book that I should be able to handle large amounts of money without having to throw my hands up and turn it over to someone to handle for me. When I read it, I laughed because HAVEN'T YOU EVER THOUGHT ABOUT WHAT YOU WOULD DO WHEN & IF YOU WON THE LOTTERY. I have and I realized that if I was going to get past my fears, I was going to have to admit I could win (and yes I'm on the family Lottery Ticket) I needed to be able to face my fears.
I'm just now getting comfortable with acknowledging that I need to understand "investments". Luckliy, I'm still working Step 3 and Step 4 is wills/trusts and stuff like that. (I'm doing Suze Orman's 9 Steps book).
But every month I receive numerous magazines and there are at least 1 article I can pull out and review to see where I stand. It allows me to redefine my goals cause they always have numerous steps. They also reinforce what Suze Orman said in her book - like tracking my daily spending and setting up a monthly allocation for stuff.
