Seven days until the day we come to the end of Project Money. Wow. When we started this I will be honest I thought this was going to be the longest six month project we had ever done. I also thought, great six months of what I can’t have. I know, little bit of a Debbie Downer attitude. But we really WANTED help. We wanted to change how we thought about, spent and saved money. I have three major takeaways from this I want to share with everyone.
- Money is intimidating. For me, I am a multitasking person, Terrance is more methodical. That being said, I needed to learn to focus on ONE thing at a time and take baby steps to get there. That really lessened the anxiety that I had about money. I am also a very visual person. So writing the steps to get to the set goal on my monthly calendar helped me to remember.
- Money is personal. The thought “I work hard why can’t I spend my money and reward myself” was really ingrained in our thinking. But when we took inventory of our possessions, ESPECIALLY purchased items that NEVER got used, we realized that just because we can spend money doesn’t mean we should. At the end of the day if we want our money to work for us the way we worked for it then we need to be fully aware of what we are doing with it. I now see that buying ANOTHER cute, clearance pair of boots is not as rewarding as not worrying about how I paid for them.
- Adjust your budget. Budgets are more than just numbers on paper. Yes you need to start somewhere for the numbers in your budget. But we learned that our first budget failed. We cut our food budget so drastically that we were then spending more money on convenience eating. Culver’s anyone? Always look for ways to make adjustments to keep yourself on track. What worked on month may not the next. Life happens, make adjustments.
We are happy to say that in seven days although Project Money will officially be over, our new habits will continue!