Examining my spending patterns and habits became a necessity when my total yearly income went from $70k to less than $16k. Granted, there were serious health issues and other life events associated with this drastic decrease, but mismanagement of money played a crucial part as well. A painful reality (and regret) at this stage in my life is that I wish I would have paid more attention to this type of information 50 years ago! I have no problem budgeting and being careful with my finances now because its born out of sheer NECESSITY! And even with penny-pinching, at times, I still must rely upon the kindness of friends and family, just to “stay above water!” It’s mentally depressing to reflect on the “great career” I experienced, only to conclude that I literally have nothing to show for it. I try not to dwell on it, but instead, enjoy my life such that it is. I hope and pray that the advice offered here isn’t falling on deaf ears. Take it serious, and put yourselves in position to reap a much better outcome later! Thank you Darnell Mayberry…
This is such a powerful comment. Thank you for sharing your story. I hope that all who are reading learn from your comment as well. I appreciate your openness.
Examining my spending patterns and habits became a necessity when my total yearly income went from $70k to less than $16k. Granted, there were serious health issues and other life events associated with this drastic decrease, but mismanagement of money played a crucial part as well. A painful reality (and regret) at this stage in my life is that I wish I would have paid more attention to this type of information 50 years ago! I have no problem budgeting and being careful with my finances now because its born out of sheer NECESSITY! And even with penny-pinching, at times, I still must rely upon the kindness of friends and family, just to “stay above water!” It’s mentally depressing to reflect on the “great career” I experienced, only to conclude that I literally have nothing to show for it. I try not to dwell on it, but instead, enjoy my life such that it is. I hope and pray that the advice offered here isn’t falling on deaf ears. Take it serious, and put yourselves in position to reap a much better outcome later! Thank you Darnell Mayberry…
This is such a powerful comment. Thank you for sharing your story. I hope that all who are reading learn from your comment as well. I appreciate your openness.