Free Ebook.

Enter your email address:

Delivered by FeedBurner

« The One Idea That Could Save You Millions of Dollars | Main | You Need A Budget Pro Now Imports Files from Banks »

March 29, 2007


Feed You can follow this conversation by subscribing to the comment feed for this post.

Definitely. Although the reality check of tracking income and expenses and calculating the total amount of debt we have was scary, facing that and making a plan to improve our financial situation has made me less anxious in many ways, and has changed my outlook on life. I find happiness in different things than I used to, I think. I feel happy when I can pay off a big chunk of my credit card bill, for example, or when we eat a meal at home instead of going out. Having set financially responsible goals, I feel rewarded when I do things that I know helps me achieve them. When you don't really have goals, or when your goals are more materialistic, you never feel satisfied - there's always something more to buy or another movie to see.

Control of my finances makes me sleep better at night

It has been statistically proven that the more money a person has, the better they sleep at night...

Perhaps we can extend this to married couples. A large percentage of divorces happen because of financial disagreements. Perhaps one spouse leaves because he/she doesn't feel he/she has enough control over what happens with the money their spouse makes. Maybe we can fix that by -- and I've seen this recommended elsewhere -- that each spouse have control over a portion of the household budget (he pays the rent; she buys the food).

Ultimately I think "control" is an illusion. We rarely really control much of anything outside of ourselves. But what control that I do have, i.e. budgeting etc, does give me more peace. I am not very happy, nor do I have much joy when I "feel" out of control with my money. And this happens when I am not doing the discipline of budgeting. So in a sense, controlling or managing the disciplines in my life, like budgeting, does give me joy.

I hope what I just said isn't as clear as mud?

The comments to this entry are closed.

Start a Blog


  • Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. Per FTC guidelines, this website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. All posts are © 2005-2012, Free Money Finance.