Celebrating my sorority with mylover.
So the truth has come out. My weight gain is a problem!?! How do I know this you ask…
Mylover and I have an ongoing conversation about the dinner. Well this morning for whatever reason (mainly because I could not sleep because I was trying to come up with a solution to our dinner situation), I asked mylover what he was doing about dinner. I should have known that asking this question at 5am was not the best idea. I’ve been counseled a few times about the timing of my rapid fire questions. But I didn’t really see it as a problem…this time I just had the one question.
Well come to find out…this question set mylover on a bad course for the day. That was not my intent…I just wanted to know how he could help with dinner. I can always tell when mylover is miffed at me. I know because when I send him a text I don’t get a response. Well after taking to mylover this afternoon he finally returned my text. He had a lot to say but the last line was most telling…”if I asked you about what you’re doing about your weight at 5am you might be pissed too.”
So there you have it… I can’t even be bad…I’ve totally and utterly let myself go.
To answer the question, I’m sticking to these damn points and working out. I’m hungry as a m-effing bear right now!! But I’ll be damned if I’m the fat wife who has lost her husband’s interest. Nope, not me!
No more starting, stopping, and starting again. It’s on!
What’s your motivation?
You’ve heard the old saying, save something for a rainy day. No one seems to know where the expression originated, but we all pretty much know what it means. Essentially, it means that there will come a day when the times are bleak and it would be wise to save some money to get you through that period. My question to you is if it rains are going to get wet? Or do you have an umbrella (emergency fund) to keep you dry?
I’d like to say the mylover and I have a huge umbrella that will keep us dry during a raining season, but I can’t. If we come upon a rainy day, we’re going to get soaked for sure. I suppose I shouldn’t feel too bad because we’re not alone. According to CareOne Services, one of the nation’s leading debt relief firms, the average American is carrying $10,000 in debt. While this is a category in which being above average is not good, mylover and I are both above average. How did we get here? Who really knows? I know that there is not one purchase that I can say really put us over the top. But I can say that it’s related to a general misunderstanding of wants and needs. A lack of patience, you know the widely contagious I need it now syndrome. As well as an overall arrogance, I’ve always felt hey I make a great salary and I can make the payments so no big deal. Wrong!
That idea, while not bright, works seemingly well for a single person. But add a spouse to the equation and the situation gets sticky. Taking two people who have not had to answer to anyone, financially, their entire adult lives and uniting them as one is no cake walk. Don’t get me wrong we manage from month to month, but it takes more effort than should be necessary. I attribute the extra effort to the debt that we both brought into the marriage.
So what are we doing about it you ask? We’re taking the bull by the horns and getting control of our lives.
(1) We’ve signed up to take the Financial Peace course
(2) We’ve created a monthly budget
(3) We’re now a cash only household
(4) We’re attacking debt one buck at a time
So back to my original question, are you going to get wet if it rains? What did you and your spouse do to get on the right financial track?
That’s right, mylover and I have 27 years to work before we can retire and get all of our money without paying penalties to Uncle Sam. According to CNN Money, by the year 2038 we will need to have amassed $1,373,556 dollars to retire with a yearly income equal to 75% of our income. That sounds astronomical, but I’m convinced that we can do it or at least come in very close. Of course we’ll need to have a few things in our favor. We’ll need to have our currently salaries increase at a rate of 3% per year, our investments will need to increase at a rate of 10% per year, and we’ll need social security to be able to pay out. The social security payout is risky and we’ll definitely need to come up with a contingency plan to cover that income. But I’m still hopeful. The thing that will help us most is to change our mindset about money and its best use. Like a lot of couples, mylover and I have different beliefs about money. I won’t say who believes what, but I will say that we are moving towards being on the same page. But again I’m encouraged; our current nest egg is only about $10,000 from CNNMoney’s plan.
How long do you have until you can retire? Are you prepared? What are you doing to get on the path to financial peace?