Me? Mostly I’ve been working out that I can’t really afford my lifestyle as well as I’d thought I could. Part of that has to do with changes in finances since Dad moved back to Pine, and part of that has to do with my not really … tracking my spending exactly. I’ve sortof been vaguely tracking my spending.
Turns out that’s not such a sound financial course of action.
But then today a couple more things came up that further alter my financial outlook.
My living expenses just went up, and a job I was thinking of applying for in the company which would have been a good-sized pay increase got filled before I had the chance. Neither of these was unexpected, but you know me – I like having hopes.
The net effect of this is that instead of investing in a stock I expect to grow by 2000%-2800% in the next nine months, I am going to have to pay off one of my loans so that I can use the money I had earmarked for that loan’s payment every month for car insurance going forward. Because on my current income I was just barely getting by, and the car insurance would wipe out 90% of my “entertainment” spending every month on its own (ie: nearly every movie, plus Netflix & DVD purchases, plus coffee – which I’d been drinking out of my movie money, lately, since I’ve been having to buy gasoline with my coffee budget)… Anyway, I take the money I had set aside to invest in this stock and I pay off one of my loans and instead of using “stacking” properly and using the monthly payment I had been making to that loan to pay off another debt faster, I get to start paying for car insurance with the first half of it and only “stack” the second half.
All totally reasonable. I am the only person driving the car around these days. Dad is going to stay up in Pine with his parents and “develop” the property so that it’s making money again. Since it isn’t yet, he’s trying to remove all the “subsidies” he has been extending to his children, which for me right now means car insurance – but I have been trying to figure out how to pay the car insurance for a few weeks, so when dad first brought it up yesterday, it wasn’t a surprize. As long as he doesn’t also spring “rent” on me, I should be “okay” for a while.
At my current rate of income and outgo – without the car insurance figured in – I won’t have my credit card debt paid off in less than 4 years. Actually, with the car insurance and occasional extra spending, and not trying to account for potential writing income, it’ll probably be six or seven years. With that job it could have been as little as less than two years. I think I’ll just tell the boss I’m interested in it when it comes open again; I’m not going anywhere, and I’m real patient, and jobs turn over eventually.
I’m trying to figure out my money situation and how to better track things and how to better plan for things… I’m sure it’ll all work out. It’s just … in flux right now. Low moods and emotional spending haven’t helped, financially, though I’m not hurting any worse than I was six months ago. Not any better off, either, I think. So maybe that’s something I should be working on.