I was trying to come up with an idea for today’s posts, so I tried to think of some stupid financial thing that I did recently.
And I couldn’t come up with anything.
Of course, that’s good. But it makes for some boring blogging. Clearly, I need to go out on some sort of a spending binge. Completely blow my budget. Buy something totally ridiculous.
I am going on vacation next week, so there is of course the potential for all of this. (Note to would-be burglars – I have a house sitter coming. Thwarted.) But for now, things are good. I really do think that a lot of it is situational. We had a crazy snowstorm. While I wasn’t stuck inside, my world got very small for over a week. There was nowhere to go, no money to spend. I made a point of not doing any online shopping because I didn’t want to blow the budget. So here I sit, nearing the end of the month and sitting pretty, budget wise.
Of course, I’m not cured of my spending woes. I”m sure I’ll blow my budget soon enough!
Megan is a 40-something government employee in the Washington, DC area. She got interested in Personal Finance when she got out of college and realized that her paycheck wasn’t going to go as far as she had hoped. Since starting this blog, she has managed to buy a house and make a solid start on her retirement goals, and hopes to help others do the same. Here is her story:
In 2007, I was a gainfully employed 20-something with no debt but not a lot of knowledge about personal finance. It was a co-worker’s comment about Roth IRAs that sent me to the internet, searching for information. It was then that I realized that I really didn’t know a whole lot about personal finance and that my current financial situation was due a lot to inherent frugal tendencies, generous family members, a fear of debt, and good luck. While that was working for me, clearly I needed a better plan.
While I had no debt, I was also pretty much living paycheck to paycheck and not worrying about going over budget (I say this as if I had a real budget) because I had an emergency fund set aside to cover any overages.
Except that’s not what an emergency fund is for.
So I did a lot of research, read a lot of blogs, and decided that I needed a plan. I needed to budget. I needed to know what I was spending my money on. I needed to prepare for the future.
I decided to create a blog not only to make myself accountable to others but also to share the knowledge that I gained along the way. I’ve learned so much from my fellow bloggers, and I hope that my readers can find something useful in what I have to share as well.