And Now I’m Worried
The husband and I sat down today. We had been planning on it for a while. We were going to chase our dreams. We were going to throw caution to the wind in hopes of fulfilling the hopes of our lives. But first… We had to come up with a budget.
I’ve decided I married a five year old.
The husband is not bad with money. He keeps track of his bills, he doesn’t over-spend, he has his shit together. But for some reason, talking about budgets makes him sit cross-legged on the floor and stare with glazed over eyes into the distance.
He’d definitely five years old.
After a general talk about our finances in the coming year, I knew that we needed to come up with a budget. Now that the husband will be only a musician and not a musician/music teacher, our income is going to drop by tens of thousands of dollars. That’s a lot ‘o money.
He makes good money as a musician and I make good money at my job, so we’ll still be in the middle class according to the IRS and government and them. But things will be very very different.
No more $300 dinners at any restaurant we feel like frequenting. No more shopping sprees on a whim. That thought alone makes me was to act like a five year old. Like the husband.
But we got through the budget talk. We set what we hope are realistic goals for what we can spend each month. We included all our bills, saving for a rainy day, still managing to travel, and maintenance for the cars, instruments, cats, etc.
We also underestimated our income so we’ll have a cushion each month for incidentals, like a flat tire.
According to our budget, we’ll have exactly $4 left over each month after bills, entertainment, tithing, and saving.
We’ve been spoiled in our little world where we have lots of disposable income. But if we stick to the budget, we can still travel, eat out at restaurants, go to movies, shop, and hang out at bars. We’ll just do it a lot less.
Now I feel my eyes glazing over.
And I feel worried about money. I never ever ever worry about money. I don’t like this feeling.
The good news is we plan to re-assess our budget in a month or so to see how it’s working out. And luckily, we can both access our budget in an app that I can get on my blackberry and kindle, and he can get on his iPhone.
Technology may be what keeps us on task.
Or in two months I may be saying we scrapped the whole plan.
But I have faith that the husband is in fact 28 and NOT five years old.
He will check the budget before he goes out to a bar after a gig.
And I have faith that I can control my impulses.
I will not come home with $500 worth of shoes for the husband and myself.
Do you keep a budget? How do you make it work?