I have noticed a refreshing trend among me and my peers lately: Living On Less. Money, that is.
I first noticed this when a friend and her husband made the agonizing decision to put their house on the market. With three pre-schoolers and a job change for him, they just couldn’t make ends meet without going into debt. While some would diagnosis this a failure, I grew in respect for their actualization that they are not invincible. They made the true heroic decision for their family to live within its means.By the way, they are not upside-down, rather they are walking away with some nice equity that will ease the financial pressure they’ve been feeling for a few years. Thumbs up to them!
This sure beats the lifestyle of another girlfriend, whose marriage is littered with fights about money.A large, remodeled house was purchased that escalated financial tensions.
Articles about saving are making the covers of magazines. Recently I saw a travel segment on TV that had me cracking up regarding traveling on a dime. Go to Argentina, it said. It has the look Paris and the feel of Italy! “Don’t cry for me, Europe,” the broadcaster announced, thumbs pointing at herself, “I’m in Argentina!”
I predict I will be soon attending backyard birthday parties once again, instead of making trips here or here.
This trend has me asking “What do I value?” and “Do my finances reflect those values?” Twice this month I gave up two entertainment events that I still can’t believe I skipped. I am a fan of both of the performers. However, we are taking two trips this month. Instead of going to one of the events, I was at my daughter’s pre-school carnival. Sure, we could have made it work to do everything – but should we? It would have been excessive. Sigh.
A few years ago banks were telling people they could take loans they really couldn’t afford. And people believed them, because they were the bankers. I feel grown-up financially, because (as opposed to the thinking of my 20s) one thing that’s hitting home this month is that just because you can do something with your money doesn’t mean you should.
As you were saying:
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