Being financially responsible isn’t what I’ve been known for in my life. It’s probably the area I struggle with most. I’ve grown a lot in the past couple of years and have come a long way, so I guess I just have to keep improving in that area.
Today I read an article on Yahoo! called “13 Money Lies You Should Stop Telling Yourself by Age 30.” It really made me realize how far I have come, because most of these lies, I don’t tell myself!
1. “So long as my job pays well, it’s OK if I hate it.”
If I was following that, I would still be teaching. People think teachers don’t make good money. Well when you’ve been teaching for five years and have a Master’s degree, it actually pays pretty good. And it pays a heck of a lot more than being a marketing assistant. I took a HUGE paycut when I changed careers. While my new job isn’t perfect (far from it), I’m much happier than I was when I was teaching.
2. “If I turn a blind eye, somehow my finances will figure themselves out.”
That was my mindset in college, absolutely. I thought credit cards were awesome. It was like free money! (dumb dumb dumb) And I kept spending and spending thinking everything would eventually work itself out on its own. Not at all. I’ve had to cut things out of my life to pay things off. That’s just how it is.
3. “I should get married because it’s the ‘next step’.”
Um, clearly I don’t believe that. Would I love to be married? Sure, but only to a great guy who makes me happy. I would never get married just to get married. I want to be in love more than I want to be married. People who get married just because they think it’s “the next step” typically don’t last long.
4. “Banks and bill collectors will get their way no matter what I do.”
This is one I need to work on. People say you can talk creditors into lower interest rates, etc. etc. I have never even tried. I should do that.
5. “I should buy a home because that’s what grown-ups do.”
I do feel this way sometimes. I hate that I’m 32 and don’t have my own house. They say renting is such a waste of money, but I don’t make enough money to make a house payment and all the other payments that come with owning a house. It’s one of the reasons I’m living in my parents’ house while they are in Florida. Trying to SAVE SAVE SAVE!
6. “If I start dipping into my savings now, I’ll have plenty of time to make up for it later.”
Savings? What’s that?! Just kidding. I try to stay away from my savings except for emergencies.
7. “I’m too inexperienced to start investing.”
Investing to me is scary. So maybe I do need to get with someone about investing.
8. “I’m a failure because I’m not making as much as other people my age.”
This one is why I’m really glad I read this article. For the first time in my life, I’m hating the fact that I’m not making a lot of money. Heck, I’m not even making decent money to be honest. It’s killing me and hurts my pride that I’m 32, with a graduate degree, and practically living paycheck to paycheck. According to the article though, “It’s been proven that the average person doesn’t get any happier after they earn $75,000 per year.” Good to know!
9. “I can still afford to eat like I’m 16.”
I know I can’t do that! That’s why I joined the YMCA. And I’ve definitely been eating healthier in the past four months. Snacks now consist of carrots, yogurt, and apple slices! I also eat at home more, and less eating out saves A LOT of money.
10. “I can still pull of the outfits I wore in college.”
There’s no way on earth I would wear some of the stuff I wore in college! I definitely dress more appropriately now that I’m a professional. I will continue to do so, even though it appears that most guys in Fort Wayne are looking for a trashy slut.
11. “If I get approved for new credit, obviously I can handle it.”
Oh heck I know for a fact I can’t handle it!
12. “I should have kids now because I want them.”
HA! I can barely afford myself right now, let alone kids. Those can come after I’m married and have a working husband to help out.
13. “I’m pretty much invincible.”
Haven’t felt that way since my early 20’s. I think I have a few friends though that think this about themselves!
So there you have it! To those of you older than 30, what do you think about this list? Do you agree? Why or why not?