Money. Debt. Budget.
Fights. Marriage. Communication.
If you think money can’t cause problems, you are WRONG. I heard somewhere that money is the root to all evil. Ok maybe not all evil, but money issues bring out a lot of other issues. Money causes fighting in marriages. Marriages dissolve over communication issues, money issues & debt all the time. Yes I know there are other reasons that cause marriages to end, but I am not talking about those. I am talking strictly about money.
I have been there. I know how money, or lack there of, can cause tension in a relationship. Tension that my children do not need to experience. That is why being on the same page as your partner when it comes to money is important. It’s that serious. Serious enough to sit down and take a really good, hard look at what is coming in and going out.
In my relationship, I take care of all bills. Ironically I am also the reason we are in debt.
Yes I said it. I am the reason.
I have said it before. I like to shop. I like to eat out. I like to spend money.
What I don’t like is the debt we have.
Let me explain why I say I am the reason we are in debt. In 2013 I was pregnant. We both had good paying jobs and ZERO consumer debt, just student loans. This was in part of filing bankruptcy in 2009. Back to 2013, I am four months along, working full time night shift. My husband comes home and says he got laid off. No problem, he will get unemployment, we had a few thousand saved up for my maternity leave (to cover what disability wouldn’t) and we could afford to get by while he looked for another job. What we didn’t expect was for it to take him seven months to find another job. Seven long month making about $900 a month on unemployment. Meaning that we were dipping into our savings for my maternity leave. So we opened a credit card. Then another, Ect Ect Ect. You see where I am going with this? This is how it happened. This is why we are in debt again. Because it was my idea. My idea to use credit as a cushion. He didn’t say no. Our lifestyle did not change with his job loss. It should have, but it didn’t. Had we stayed debt free, built up our savings, we wouldn’t be in the position we are now.
But we are. And we are committed to getting out of it.
It’s that serious.
This can happen to anyone. This can happen to us again! This can happen to you!
Getting and staying out of debt is that serious!
Building up an emergency fund is that serious!
Saving for retirement is that serious!
Being able to take care of yourself and your family is that serious!
Is it serious enough for you to change? Because it is for me.