This has been the year where Mr. Incredible and I decided to get our financial shit together. Our accounting style has been kind of laissez-faire, and it was starting to catch up with us. We weren’t living within our means–typical too much credit cards and frivolously spendy kind of stuff, and it was time to face up to it.
Large steps have been taken. One night we sat down, logged into the bank account, and did a budget in the Dave Ramsey workbook. I like Dave Ramsey. Sometimes he gets a little Thankful To Our Lord, but his system works. Ask anyone. It’s based on being honest about your resources, and living within them. Putting on a show is expensive, you know? Sure, keeping up with the Joneses is fun, but it makes keeping up with the mortgage a little tricky. So before we went off a cliff, we assessed everything. EVERYTHING. To be honest, it’s quite a load off our minds.
It was brutal. We’d already cancelled cable, scaled back on vacations and other extravagances. It was time to tell the cleaning lady that we weren’t going to need her services anymore. Sure, she was just coming every two weeks, but that was a chunk of change that could be better spent on other things. Once we’re back in the black (I hit the sack, I’ve been too long I’m glad to be back…) we may start that back up (oh, it’s such a lovely time saver) but that just wasn’t something we considered to be essential. Right now, it’s about essentials.
We had one car payment, and our other car was a charming little convertible that was 10 years old with 130,000 miles on it. It was starting to need repairs that were just not going to be worth it the cost. Selling it was our first hard choice.
Seriously. But it was time. And to be honest, it wasn’t an accurate representation of the life we actually live. I bought it when I turned 30, and I was single and it was awesome and then when I wasn’t single anymore it became kind of ridiculous. Still awesome, but… yeah. Ridiculous.
So we sold the BMW (whose name was Lilli Von Schtupp) and we have acquired a new (to us) car that should surprise pretty much everyone who knows me.
You know what? We paid cash for that bad girl. It’s a pretty smooth ride (which is why the blue-hairs love them) and it’s in impeccable condition. Bessie is the quintessential “little old lady drove it only on Sundays” car, and it’s all good. We’ll put some better tires on her, and tint the windows because summer in Vegas is not for the faint of heart when you have a leather interior.
And this is where we are. Bessie should give us a year, and then we will be in a position to get something nice for the long term that fits who and where we are.