How familiar does this sound to you? Suddenly, an unexpected expense hits, and you ramp up your activity to cover the cost of the bill. If you are like me, you have been through this cycle many times over the course of your life. Then, when the expense is covered, you slow back down.
Or, lets say that you get this sudden EXTRA money... like a tax refund or a government stimulus check. How many of you take time off to relax and NOT work.. you may even call it a "vacation" from work. However, unless it is an ACTUAL paid vacation, you are not getting paid in that time.
Now, imagine what it would be like if you did that WITHOUT an extra bill to cover. How do you think that would impact your savings and future anxiety level?
The other day, I got a credit card, and I didn't need the credit card. I think that was the first time in my life that was the case. That's not saying I couldn't think of ways to SPEND the credit card, but I'm going to hold onto it as an emergency fund for the future. Now, I won't have anxiety that my savings is not large enough, yet, to cover it.
going to live my life in such a way that I work to cover bills and then
work a little extra PRETENDING I have a bill to cover... then, I will
pay that bill to myself in my investments. I would challenge my readers
to do the same.