It was payday yesterday and we are already broke. Well, every dollar we have has a job and there is NO room for extra expenses or overspending. I hate this feeling, but its what we have to do to pay off the mortgage in 4 years. I ran the numbers – currently 57% of our take home salaries are going toward mortgage bill and extra principle payments. No wonder there’s no room for fun. Yesterday, my son was having difficulty breathing due to the air quality so I purchased a pack of face masks. Because I was bit stressed out, I don’t know if I grabbed the cheapest brand or lowest quantity. After his breathing calmed down, I started panicking about the $12. Where am I going to find that extra money from? Groceries? Gas? I dislike this feeling worrying and overthinking every time I shop now.
My husband has been attending several parties for his coworkers who have been forced to retire early. It has made him realize how fortunate that he still has a job, but weary of his future with this company. Best case scenario is that he will be forced out in 11 years when he reaches early retirement age based on the companies calculations. I told him we have to come up with a long term plan for this as well as a short term plan if they let him go next year. Aggressive saving needs to happen, but we are already stretched thin because of the mortgage payoff plan. Man, this money stuff is hard.
Lastly, a random rant. I hate checks! I wrote several budgeted checks a few weeks ago that are still outstanding. It really irks me and messes up with my budget calculations. Cash your check people!