Growing up, we never talked about money.
Even now, it’s a little hard to talk about money. It feels wrong and embarrassing. But the thing is, not talking about money is just going to end up hurting you. Not talking about money means not learning to use it. Not talking about money led me to making less than a junior colleague. And I am absolutely certain that I am not the only one. So let’s talk about money.
Previously, I’ve talked about my foray into budgeting. I’m still working it and it has been good for me. Since I started, I’ve mostly gotten to the point where I’m paying off my credit card every month and covering next month’s expenses from this month’s pay as well as investing some 700€ every month. So needless to say, it’s been good. The next over-arching goal is to get our mortgage paid off early. The stretch goal is to get it paid off by/in 2030, which would be 12 years early. Can we do it? Probably not. But we’re sure going to try.
What’s the plan for making that happen? Cut back on expenses, sell away stuff we don’t need or use, putting any bonuses or other extra money toward the mortgage, and actually sticking to the budget every month and not just most of the time. Together with my partner, we make enough money that if we’re diligent, we can make this happen. Especially, if I ever start making money off my writing.
What do you want to do with your money? Are you saving it, spending it, or something in between?