Tuesday, May 31, 2011
On May 18th I posted my definition of financial security. I was in the throws of pulling my financial ass out of the well. I'm still hoisting up the rope. It's tough, holding on to the rope that I've already pulled up and then grabbing the fistfuls of line above that. You know, there's never really anytime to let go. One must hold the rope. That's just to stay even. I'm a bit of a heavy weight to be holding, financially (I think). My arms are feeling the strain. I wonder if muscles will come of this that make holding onto the rope less strenuous.
Since May 18th - almost two weeks now - I think I have written every list, repeatedly, of what is to be paid, when does it want to be paid, how much does it think it wants to be paid. I have culled out the bills that suck out the money automatically. I have a separate list of bills that I get to pay at my discretion. Every one of these lists is headed up with income information, as if that changes. I'm still making lists.
I did open a secondary bank account. I set it up to have a sweep done every payday. Antonio was lovely, had it done in minutes. With a name like Antonio I can say really pouffe things like, "My banker, Antonio says...." Anyway, the sweep is for half my rent plus a couple bucks more. Okay, it's the amount of what I want my rent to be for the next perfect rental property. I figure it's practise paying for a place with a water view. The "plan" is to pay rent from this new account, and the extra stays in this account as savings for things like deposits on new dwellings, car repair or down payment, and dental care (as I am scheduled for a root canal - though I think I only need a cap).
I have soooo many things on my "To Save For" list. It's longer than my "To be Paid" list. The working account will take care of the rest of living and bills as it always has. I'm hoping this way - sweeping the money aside - that I lose the stress of rent coming from one pay check, and I gain a healthy aspect on savings.
I do like my lists.