I had done a budget session with an insurance advisor when I was just starting to work. I don’t recall a lot about the meeting but what stood out was this line:
“Once I pay bills and look after necessities, I generally have $100 to play with.”
At that time I didn’t have bills and I had at least $200 to play with at this time. I distinctly remember wishing Neverland was real.
I’m thinking of that moment as I checked my budget today and was super impressed by my bank balance. Riches, I tell you!
Then I started transferring money to saving accounts, paying bills and tracking outstanding direct payments. My riches quickly dwindled into “don’t get ahead of yourself” territory.
To be honest, it was a good thing to see. It was a great reminder of the importance of my budget and how easily I can pretend that I have money rather than acknowledging that I’m holding on to it for a little while until I can exchange it for utilities and housing costs.
It also reminded me of how fortunate I am to have a job and paycheque that allow me to live the life I do.