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Planning for the light at the end of the tunnel

Posted by idawrites on April 15, 2010 in Budgeting, Decisions, Finance |

To say that the last few years has been difficult financially would be like saying that there was a little bit of rain at my parents’ house last September.

Now that Mark has a new job that he LOVES and things are going to be settling back to “normal”, we’re all starting to get excited.

Everyone in the family seems to have something they’ve been waiting with baited breath to be able to do when our finances stabilize. The kids can’t wait for their commissions to be paid again. Mark can’t wait to be able to start making some repairs around the house. I can’t wait to be able to take a weekend away by myself.

In the back of my head, I just keep flashing this little neon sign that says “Don’t get carried away. Don’t let the freedom and relief cause us to overspend on stupid stuff.”

And since we all know that I’m a teeny bit OCD and Must. Have. A. Plan… I wrote down my ideas on how to keep this from happening:

  • Continue to budget EVERY THING
  • Ignore the debt snowball the first month
  • Budgeting the extra cash for taking the kids to do things we’ve put off for a year and maybe even having a date night or two
  • Continue to do fun frugal things with the kids at home and with friends, so that we’re not putting ourselves into MUST SPEND situations

I worry about our willpower and you know Murphy does so like to visit me, but I think it’s a solid plan. Keeping up with our budget, monitoring the spending, and bumping up our mad money budget for a month will HOPEFULLY keep us all from feeling like the sacrifices we’ve made (and will need to continue making for a while) are never going to end and aren’t worth it.

Have you ever been in this situation before?  How’d you keep things from getting out of control when there was more money in the budget again?  I’m kinda worried about this one.

4 Comments

  • ladykatza says:

    When you spend years ‘making do and mending’ the sudden influx is VERY hard to deal with. I allowed myself some ‘splurging’ while still making sure the BILLS got paid. Now its time to buckle down and get rid of more debt, increase the amount going to savings, and fix those things that really are giving up the ghost.

  • Conrad says:

    So many people don’t follow good tips on budgeting. There is a wealth of knowledge on the Internet or even at your local public library to give you all of the information you need to get started and keep track of your finances.

    As you mentioned in your post it’s important to stay frugal but it’s also important to enjoy yourself as well.

    Thanks for the post.

  • Barb J. says:

    I’m go glad he found a job! I’m still looking for one and I’m sure we’ll be in the same boat of wanting to catch things up when I do find one.

    • Momma says:

      It’s been very difficult not to go crazy, but the as was mentioned above, the influx of things that suddenly needed attention was huge. We’re still treading water, but we’re at least making progress toward the shore. Good luck landing something amazing.

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