I've been thinking a lot lately about how I ended up almost 40 with a very meager savings and retirement. What amazes me is how quickly the years went by. I kept telling myself that I'll save once things settled down and I had the extra money to invest. That day has never come. When I graduated from college in 1991, I was in a good place with no kids and no debt. But over the next 10 years, I had a couple of kids and like a lot of women, I put my home first and worked either very part-time or not at all so I could be here for my family. I also fell into the monthly payment mentality, you know if you can make the monthly payments, you can afford it. Now the kids are older and I am working full-time again and I am realizing how behind I am. To make matters worse, my husband is a spender and he has over $30,000 in credit card debt! I can't tell you how angry that made me when I found out especially since he ran up this debt while he was working overtime! What in the @#$@#$ was he doing with his money? Geesh, well no more. I am on the road to financial peace of mind. Within the next couple of years, I plan to pay off my debts and build my emergency fund. Better than planning, I am actively making it happen. I of all people know that there are no guarantees in life and I have to be prepared.
How did I get here?
April 4th, 2007 at 01:25 am