Monday’s always remind me to manage my money (I’m an alliteration freak, because there is also Financial Fridays.) My money and I have always had a love/hate relationship. While never being without funds for long, I have run short due to my poor handling of my money.
In many ways, I am a spoiled little witch. I never lacked for any of the things money could buy. My parents, being WWII babies, made sure that their children would never lack the latest fashion, copious amounts of food, lots of coats and shoes and a trail of useless hobbies. We wanted, we got. The pile around our Christmas tree looked like my mother bought out the entire neighborhood stores. My mother is the Queen of Sales.
This is not to say I haven’t always worked hard. I began babysitting at ten. My first “real” job was when I was fifteen and I have worked steadily ever since. I just always did with my money what I felt like doing. I never budgeted. I never saved.
I have an incredibly lackadaisical feeling about money. I have been known to give my money away before paying my rent because I always knew there would be more coming in. I often ran out of gas because I spent my money on more fun stuff. Most times I just don’t want to think about money.
It isn’t that I don’t know what to do with money. Every job I’ve had involved bookkeeping and now I manage our company’s 401k, payroll and I am training and advising our current bookkeeper. I am good at math. I buy things on sale.
It wasn’t until I had my daughter that I began to take money more seriously, but old habits die hard. What follows are some of my behaviors related to money:
I balance our checkbook in my head.
I pay for everything in cash.
I have coin jars all over my house. Makes me feel safe.
I pick up every coin I see on the ground, even the pennies that are tails up and I thank God every time I find money.
I remember due dates for bills and pay them online at the last possible moment.
If I have to mail a bill, it will be late.
I live within my net pay amount, so I have my 401k and my savings automatically deducted and I never miss the money.
My current car was the only new car I ever owned and I will never have another car payment ever again. Ever!
I don’t haggle over restaurant bills.
I don’t loan money, but I will give it away.
What are some of your Mad Money Mannerisms?