Change #2 debriefing

[vaneramos]

It's the end of April and time to review the second of my 6 changes for 2010, which I originally slated as: "Establish and maintain a budget." It seemed fairly simple. What actually happened turned out to be what fivecats calls "a serious, life-altering deal." I hope (and believe) he is right. Here's a brief outline:

• March 11. Worked out a draft budget and

Comments

[changeling72]

It sounds that you've worked really hard to get back on track. I'm actually going to put some money IN the bank tomorrow. Let's hope it stays there...

[vaneramos]

Yes, I like having money in the bank to cover upcoming expenses, rather than just scrambling from week to week and month to month. Being able to plan ahead is new.

[queenmomcat]

(loud sympathetic applause from south of the border) You have done a great deal...but you knew that. Congratulations.

[vaneramos]

Thank you for the moral support. I couldn't have done it alone.

[teddyb]

Congratulations, Van, on making those major changes in your life and starting to enjoy the benefits.

I can certainly relate, and I have definitely "been there, done that".

I don't know if you are currently using a computer-based personal accounting system, but if not, you might give it some thought.

There is something really, really satisfying about doing the entries when you make bill payments, and especially when you can run charts and graphs that show, in dramatic fashion, how your debt is getting smaller and your net worth is getting larger.

In any case, kudos top you for recognizing you needed to make some changes in your life and then for making it happen.

Good for you, bud!

[vaneramos]

I'm not keeping detailed accounts at this point. One advantage of the system hangdnaildhole helped me set up is that it's based on maintaining levels in each of my bank accounts so I know there will be enough to keep the bills paid without actually watching my budget all the time. It takes less time and effort, but I can see how the charts and graphs would be fun. I might consider setting things up that way in the future.

[apel]

Wow, this is impressive! It sounds like you're on the right track.

[vaneramos]

Thanks for the moral support. It has made a difference!