Feb 6, 2017

Life This Week 6/2/2017: What's Enough Money?

The full prompt for  today's Life This Week was 'What's Enough Money?'.

Speaking of money, are you doing the $5 challenge?


I've surprised myself because I'm still at it five weeks into the year.  It's become reflex to fold up any fivers I receive in change, slip them into the spare pocket of my wallet and then pop them into my jar when I get home.  While I have taken this photo of my jar, I've resisted temptation and not counted up what I've already saved.  I don't seem to miss this money and I never find myself 'short' which is what I feared would happen.  Don't we surprise ourselves sometimes?

Finding my angle on today's  theme has been a challenge.  Ideas have been flitting in and out of my head over the weekend and frustratingly none of them really connect nor are they easy to develop into anything interesting.  But I'm determined to stay at least remotely on theme this week because money or rather one's perception of its importance and role  in one's life is an important issue to resolve.  So, without further ado, let's talk money.

What's enough money?  For me, it's whatever I have right now.  It's being able to cover all the bills while also being able to squirrel away a bit for long term goals like Preschooler SSG's education and middle range ones like the handbag to end all handbag cravings.  Basically, it's about living within my means. Trying to use what I earn to live comfortably, plan for the future and to treat myself along the way.

In the leaner times, making do with less cash has actually been quite liberating.  Finding creative ways to make those dollars go further.  Finding that having less new stuff saw that the current stuff got fully appreciated.  Finding that you are made of sterner and tougher stuff than you might have imagined.  Finding contentment and peace of mind through all of the above.  There are things upon which a price can't be put.

There's this fine line between knowing the value of money and being a slave to it.  And I think, in some situations and for a certain type of person, 'enough money' is a moving goal post that's based on the money they see around them as opposed to what they're able to earn on their own steam.  It's a mindset that breeds this sense of outrageous entitlement and cunning that results in basically wheeling, dealing, manipulating and stealing from those around them.  Their place of employment, a financial institution, 'the house' and sadly, their own families.  It's a devastating place to be in and one which will ultimately be quite isolating and bleak as what goes around has this uncanny tendency to come around.

How do you define 'enough'?  A specific dollar value or a state of mind?


18 comments:

  1. I love your line about knowing the value of money and being a slave to it. That is the key isn't it? Have a great week SSG! Sue from Sizzling Towards 60 & Beyond.

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  2. I actually got stumped with this post and shelved it as there was so much I wanted to say I couldn't say it all. And I didn't entirely know what I wanted to say.

    I'm not doing the $5 challenge but I'm reminded of your post every time I see a $5 note in my purse. I've been buying frivolous house-y stuff lately (plant, cheap print for the wall) so SHOULD be using those $5 notes for that instead of just buying whatever I want, when I want!

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    1. Deborah, I was the same way this week.

      It is nice though that the $5 notes are going towards making your house feel special!

      SSG xxx

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  3. You're so right, there's a difference between enjoying and working hard for money and becoming a slave to it. In the end it's important to remember people and relationships, not money and things are what matters the most.
    We all need money to live with and there's no harm in trying to make or save a little more for sensible or not so sensible purchases. :) Motherhood of course reduces the number of not so sensible purchases but I'm confident I'll be back to my shopaholic ways in no time, ha!

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    1. Yes, I feel my return to the shopaholic days are just around the corner too!

      SSG xxx

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  4. This is a beautiful post. It's great not to have to struggle with money, nor do I feel the need to be a slave to the dollar (most of the time). I know my circumstances might change but at the moment I am quite comfy and can do the things I want to do.

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    1. Bravo, Cilla! For enjoying what you have now and living life to the full with it.

      SSG xxx

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  5. It's definitely a state of mind because if you have the wrong attitude you will never have enough. We aren't doing the $5 challenge but for a few years now we have been in the habit of emptying the coins out of our wallets and dropping them into a money box. It's surprising how fast they add up, particularly the $2 coins.

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    1. I think I'd miss my coins more, to be honest! I use them for coffees and to pay for one off things at the supermarket all the time. I feel so frugal doing so for some reason?!?!

      SSG xxx

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  6. Excellent coverage of the prompt with more thrown in too. I liked your attitude a great deal about its where you are at! I'd not heard of the $5 challenge. However, my husband puts all of his loose change is a specially made money bank and it has been amazing to see how that adds up over time. As long as I haven't raided the gold ones! Thanks for linking up for #lifethisweek 6/52. Next week: LOVE. Denyse

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    1. Putting my thinking cap on for next week, Denyse...

      SSG xxx

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  7. Yeah, it's the comparisons that cause most of the problems. I really must do the $5 challenge...thanks for reminding me.

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    1. Best of luck with the challenge, Jo!

      SSG xxx

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  8. I think of yu every time I see a $5!!! xxx

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  9. Any quarters ($.25 USD) and dimes ($.10 USD) goes into a container next to my bed, the pennies ($.01 USD) and nickels ($.05) I give to my daughter. In a weeks time she may end up with just over $1.00 (USD). She considers it her "allowance" from me (my daughter is 10 years old). She has chores that she does around the house, such as, keeping her room straight (some days are better than others, but she tries), making sure all her belongings are put away in the proper areas (such as shoes and jackets are put in the correct location and not on the back of the couch or by the computer), she make coffee for my mom everyday, along with helping her grandmother with cooking or putting away clean towels (mom gives her $1.00 at the end of the week for doing extra stuff for her), and my grandmother (her great grandmother) pays her $1.00 for bringing the newspaper to her room before my daughter heads off to school. So she gets almost $5.00 a month between the three of us. She uses that money to buy things for herself or lately has been trying to save it for Disney.

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    1. That's a great system you have for your daughter, Tracie! This trip to Disney will be that much more meaningful to your daughter for all the saving she has done toward it.

      SSG xxx

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