A Penny a Day
…or these days, a dollar a day. Either way, the point is that we need to be putting money into a savings account or something similar as often as possible. I have cut out more luxuries than I can count on my fingers in the last couple years in favor of saving as much money as possible. I have a goal, and that goal is to one day have an easy down payment on a house for me and my daughter.
I came out of my divorce with a lot less than I had imagined. Somehow, my ex had spent a lion’s share of our savings, proved to the courts that he had no retirement in place (??) and thus far has done everything possible to delay putting out house on the market. So, it is just me, myself and I – and a will to make my financial situation as uncomplicated as I can.
I immediately made an effort to consolidate debt by working with creditors to offer settlements on some of the more oddball debts my ex managed to have in my name over the years. I suppose when you are married, you don’t think twice about just having your name on a loan, credit card, or even a utility. In my case, it turned out to come back and bite me in the end.
As I work through that, I am moving quite quickly back into my old ways when it comes to money. I am frugal by nature, pay all of my bills on time or early, and finance things as little as possible. I already feel more free financially and my savings account thanks me.
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