I have financial fears.
Funny how even after you think you have your finances in order I am still facing my financial fears.
After years of having taking things under control, the fear alone of going back of mismanaging money not only affected me but my family.
One thing I've learned is that people never tell you that once you worked so hard to reduce your debt, the fear of falling back into bad financial habits can get the best of you.
Yet, this is still not enough.
Like many of us, I fear that what I have done so far is not enough.
I am still struggling with where I want to be financially in the future. Do I want to invest? Do we continue to save?
How much is enough?
Are we going to fall victims to old habits again?
I'm sure you worry about retirement. Are you saving enough?
Living paycheck to paycheck is another fear that I'm sure I am not alone.
And I'm pretty sure that people worry about living in debt for the entire life.
Financial fears are real my friends. Even I suffer from them.
So what now? What do we do to reduce the amount of financial fear we are suffering.
Look at me!
I worry about a lot of things to the point where I sometimes don’t get to enjoy now.
- 8 Tips To Help Save Money When Money Is the Last Thing On Our Minds
- 5 Secrets To Enjoy A Debt Free Christmas Starting Today!
- Easy Way for Home Based Businesses to Stay Organized
I don't want to have debt, I don't want to live paycheck to paycheck, and quite honestly I stress over our retirement.
The good news is that your financial fears are fixable. Believe me, they are!
We changed the way we live and fixed our finances and below are some tips that I did to help me reduce these financial fear.
My financial fears are getting in the way of what's important it seems
Do I want my children to think of me as an annoying mom who followed a to-do list each day and when she doesn't get it done it upset her?
Do I want my children to think that their childhood was boring because mom and dad were too cheap? When we found out, we were getting a nice size income tax return we asked ourselves what the game plan was. What was our plan with this refund? Our answer was saved, just save it.
Wait a minute!
Just save it?
Do we even know what we are saving for?
Just Save It?!?!
Debt paid – Done
Emergency fund fully funded – Done
Cutting expenses to continue to save – Done
We pay our credit cards fully each month.
Appreciate what I have!
Let’s be thankful that we have paid our debt down, that we have saved enough money. That we have our health and our children. I know that we had our money struggles before, but I think it’s time for us to start enjoying ourselves more.
Stop worrying about the unknown
I wrote down on my goals for this year that we will be enjoying life more. I am guilty that I am worrying about a future that is unknown. I am worrying that I will be back to my old habits and get back into debt.
Am I not going to enjoy life because of my fears?
Are we going to continue to save money?
Yes, but if I stop struggling and go with the flow, I will get there faster. Meaning stops struggling when my children suggest a family activity or a vacation or my husband wants to enjoy couple's getaway!
Life is too short, and I needed to stop this! I need to continue to live my life and enjoy these moments. I worked too hard to become a stay at home mom, and now I'm living in fear and not enjoying those precious moments I so craved when I worked.
I will continue to manage our finances and save money, but I'm also going to enjoy my life and my family more. Money is not what’s important here, and I need to take a step back and get a reality check.
We are saving money, we are living frugally, we are doing great managing our finances but when it starts to interfere with my family then is time to check myself. I know that we will get there faster if I step back and put my fears asides.
How do you get rid of your financial fears?
More from my site
Latest posts by Joyce @ My Stay At Home Adventures (see all)
- Live Green On a Budget - December 10,
- Instant Pot Baked Potato Soup Recipe - December 7,
- 5 Meal Prepping Tips (5 Vegan Recipes to Help You Start) - December 5,