payingmyselfdaily

[payingmyselfdaily]

I had to be willing to sacrifice the high of "Yay, pay day!" in order to avoid the low of running out of money before the end of the month

#budgeting #finances #money #spending #myposts

[payingmyselfdaily]

I didn’t set myself traditional financial goals, I just thought if I can keep spending less than I earn each month, things will eventually straighten themselves out.

#money management #thriving #debt free #success #myposts

[payingmyselfdaily]

I knew I couldn’t be trusted with large amounts of money in my bank account, so I limited the amount I had in there at any one time.

#saving #budget #freedom #debt #myposts

[payingmyselfdaily]

Telling myself I had to track every expense on a spreadsheet felt like a part-time job in itself.

#budgeting #finances #money #spending #myposts

[payingmyselfdaily]

It’s actually a little frustrating that I find it so hard to just do a budget like a normal person - like, it shouldn’t be that hard? Work out how much money you have for the month, divide it up into categories, don’t spend more than you said you would in each one.

I think the problem for me is the categories - it felt like trying to manage eight or ten mini-budgets within one, moving money round between them if I overspent or underspent in an area, trying to predict what expenses might come up over the course of the month. 

Every time I thought about money, I felt overwhelmed and like a failure.

#budgeting #planning #finances #money management #money #myposts

[payingmyselfdaily]

When it came to getting control of my finances, I realised that my main goal just had to be not spending more than I earn each month. It sounds so simple, but I had never been able to do it consistently.

#budgeting #money #money management #finances #myposts

[payingmyselfdaily]

I felt really ashamed of the fact that I couldn’t manage my money. I was the kind of person that everyone looked at and thought, oh she’s so sensible, she’s so responsible, no one knew how much I was struggling and I was too embarrassed to tell them

#budgeting #planning #finances #money management #money #myposts

[payingmyselfdaily]

I had this really deep core belief that I was terrible at managing money and would never get myself out of debt, and it just felt like this weight on my shoulders that I couldn’t ever get free of

#budgeting #planning #finances #money management #money #myposts

[payingmyselfdaily]

For me, having a large amount of money come into my account on payday and then watching it slowly go down throughout the month felt kind of depressing, like I'm literally watching myself get poorer every day. When I switched to having small amounts of money come into my account every day, it felt completely different, like I could see something building over the month rather than something slowly disappearing.

#budgeting #planning #finances #managing money #money #myposts

[payingmyselfdaily]

I used to get so disheartened by the fact that every single piece of advice for managing your money is based on budgeting, when I'd tried and failed at doing that so many times

#budgeting #planning #finances #money #money management #myposts

[payingmyselfdaily]

When I have money coming into my account a little at a time every day, I feel like it's easier for me to honestly know what I can afford, and for my spending choices to reflect that

#budgeting #planning #finances #money #myposts

[payingmyselfdaily]

I got my first credit card at the age of 19 when I was at uni, and spent the next twenty years in debt. Sometimes it was because I wasn't earning enough to cover my expenses, but often it was just because I didn't know how to manage the money I had.

#budgeting #money management #university #finances #money #myposts

[payingmyselfdaily]

Hey, thanks for visiting my blog! I started it to share about my experiences of getting out of debt without using traditional budgeting methods. They never seemed to work for me, and I always thought that meant I’d never be able to get a handle on my money, but through trial and error I’ve come up with a system that works for me. Hopefully you might find some of these ideas useful, and if you have any questions, my ask box is always open!

#myposts

[payingmyselfdaily]

I seemed to swing between two mental states when it came to money - “I have plenty of money, no need to stress or worry about what I’m spending” and “fuck, I have no money, where did it all go?” I’d usually spend the first couple of weeks of the month in the plenty of money mindset, then have a week where I started to realise I still had a lot of expenses and my money was running low, then have a week where I’d be constantly checking my bank to make sure I didn’t go over my overdraft, and having to pay day to day expense on my credit card so I didn’t end up with bank charges

#budgeting #planning #finances #money management #money #myposts

[payingmyselfdaily]

It was such a relief when I realised I could manage my finances without needing to have a budget. Trying to predict how much I’d spend each month in each category made me stressed. Writing down every penny I earn and sorting it into categories made me stressed...I just needed a way to stay on track so I didn’t spend more than I earned each month, and I realised it didn’t really matter how much I spent specifically on food vs entertainment vs travel vs bills as long as I didn’t spend more than I had overall.

#budgeting #money #finance #adulting #payyourselfdaily #myposts