It’s amazing how one little step can make a whole difference. Even though I started my re-birth “frugalness” (born-again Frugal? sounds like a very faithful donut!) and determination to pay off my debts, I’m finding a change in my attitude towards things. I ask myself 3-4 or more times before I buy something and have been diligent about things I’m buying. I still make mistakes and minor fall-downs but I think it’s a lot less than in the past. I’ve even gone as far as to start a meager emergency fund (EF) that, if I’m good about, should cover 3 months of salary. Eventually, I want to get it to the point that it will cover a full year.
Yes, dreams for now but often if we don’t have those dreams we can’t imagine what the future will look like. I don’t want a mansion; I want a home, simple with a little yard for kids, kidlets (aka furrkids) and a little garden (being vegan we eat lots of veggies). I don’t need 3+ cars (heck, I don’t even have a driver’s license yet); 1 car, used, to start with would be good. And perhaps a 2nd car when the family grows big enough to justify it.
K and I have been talking about potentially moving to L.A. so she can be closer to her family. She has closer ties to hers than I do to mine although I do like to see mine once in a year or so. She prefers to see hers every 3-4 months. I have to admit to wanting to move out west, if just for the weather. As I get older I find I like the cold less and less. Part of that may be from the enjoyment I found on my bicycle. And certainly L.A. would be more enjoyable for that (not that NYC is horrible but I find it less inviting to cycle for some reason).
Dream lofty dreams, and as you dream, so you shall become. Your vision is the promise of what you shall one day be; your ideal is the prophecy of what you shall at last unveil. — James Allen
I do have to admit feeling very happy about things. I can actually see a light at the end of the tunnel. I went here to calculate the “snowball” effect of paying off debts (one thing that’s missing is the ability to move payments from paid off cards/debts to remaining ones, which would in turn, snowball it faster). I always pay more than what’s the minimum and as I pay off debts will pay even more off, thus reducing interest paid and the time to pay off. I’ll also shuffle some small parts over to EF deposits to get that to grow faster. I still have other things to deal with but getting that out of the way is first priority. Stopping or severely reducing spending (e.g., buying the bare minimum of what’s needed) helps a lot to move this forward.
As scary as this year looks in regards to the recession I have hope for the year and the years to come. Dreams are not that far away as I thought.